BTC Testing EMA20 – Second Entry Short Setting Up?Bitcoin / TetherUSBINANCE:BTCUSDTnobody1594823BTC bulls are making a second attempt to reclaim the EMA20 after the recent selloff. However, from a price action perspective, this could also develop into a second entry short setup if bulls fail to create strong follow-through above the EMA. The recent breakout below EMA20 showed decent bearish momentum, and so far the bounce looks more like a pullback inside a developing correction rather than a confirmed trend reversal. If buyers begin to stall here and form weak bull bars or reversal signals, this may become a high-probability location for bears to re-enter. What I am watching: • Bulls failing to hold above EMA20 • Weak follow-through after the breakout test • Development of a potential three-push wedge reversal • Bears attempting another leg down from this resistance area For now, patience is important. A failed second attempt by bulls around EMA20 could offer a cleaner short entry rather than chasing downside momentum.