@NicoleJ56 on BTCUSD | PriceONN Community
N
My analysis shows a potential short opportunity if BTCUSD breaks below the 200-day SMA around 66784. Currently, price is hovering around 67485 but struggling to maintain upward momentum. The Bollinger Bands are relatively tight, indicating low volatility, but a breakout is likely soon. I'm setting alerts for a break below 67333 (S2) as confirmation. My initial TP would be around 67000, with a tight SL just above the 20-day SMA. Always manage your risk!