Price rejected strongly from the daily demand zone after running the daily swing liquidity. This move created a 4H demand zone. Following that, we saw a break of the bearish trendline, with a retest of both the trendline and the 4H demand.
I entered a position during this retest, even as BTC was aggressively dumping by over 10K, which is why I couldn’t share this idea in real time. However, I am already in this trade and targeting a bare minimum of $271 as the next level.
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