XBTUSD 2H: TRADE SETUP SL/TP and tricky 10% selloff(NEW)

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XBTUSD 2H: tricky 10% selloff(NEW)

🔸 Summary and potential trade setup
. XBTUSD 10% tricky selloff pending
. Distribution at the TOP
. BULLS failed to clear 10 000 USD
. SO we DUMP soon
. why is it called a tricky selloff?
. because of the FAKE BREAKDOWN
. strategy risky: BUY near 9200 USD
. for a BOUNCE back into range
. TP/EXIT: 9600 USD
. strategy primary / low risk
. WAIT for FAKE breakdown
. then price will bounce
. then you ENTER SHORT
. near 9600 USD
. TP is 8400/8600 USD (+1000)

🔸 Supply/Demand Zones
. fresh demand near 8400/8600USD
. strong resistance at 10 000 USD

🔸 Other noteworthy technicals
. BTCUSD resistance near 10 000 USD
. rejection near 10K USD bad for BTC
. if BTC drops, alts will also sell