@JunaidN11 - BTCUSD | PriceONN Topluluk
J
Bearish trend is strong. The price is below the 20, 50, and 200 SMAs, confirming the downtrend. Bollinger Bands are widening, indicating increased volatility. I'm looking at a short position, but I'm waiting for a retest of the 66500 level for better entry. My target is around 65000, with a stop-loss just above the 67000. Be cautious, though; market sentiment can change quickly. Always use risk management and proper position sizing. This isn't financial advice, just my personal analysis.