BTC/USDT
SHORTxOPEN
Entry
$112,450
Current
$108,200
Result
Running +3.8% (Target 1 Reached)
Thesis & Reasoning
4H Bearish divergence on RSI after retest of $114K resistance zone. High funding rate on Binance perpetuals.
Execution Timeline (3)
Trade Openedopened
1d agoEntering BTC Short at $112,450. Invalidation strictly above $114,800. Target 1: $109,500, Target 2: $106,000.
Original postUpdate Postedupdate
19h agoAdded 25% size on local bounce to $113,100. Stop-loss moved down to breakeven ($112,450). Derivs open interest resetting.
Original postTarget 1 Hittarget_hit
9h agoTarget 1 reached at $109,500! Took 50% profits off the table (+2.6%). Trailing remaining position with stop at $111,200.
Original post