#比特币对比代币化黄金 Looking at the 4-hour chart, the overall trend is bearish. Although the price rebounded after a sharp drop, it was clearly pushed back at the key resistance level of $0.74—(what was previously support has now turned into resistance). This pullback indicates that sellers are once again in control.

This is even more apparent on lower timeframes. On the 1-hour and 15-minute charts, momentum is starting to weaken. After hitting the 4-hour resistance, the RSI on the hourly chart should have already dropped out of the overbought zone and is now encountering resistance near the 50 line. This directly proves that the short-term upward momentum has stalled, and the probability of further downside is high.

Now is a good opportunity to enter a short position. We are following the bearish trend on higher timeframes; after the price pulls back to a strong resistance confluence area and shows clear signs of weakness, this is the ideal entry point for a short.

Trade plan for reference:
Entry: Market order around 0.697
First target: 0.622
Second target: 0.577
Third target: 0.520
Stop loss: 0.760

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