$BTC — 1H Setup 📉
Bias: Bearish
Entry: $62,950–$63,100
SL: $63,380
TP1: $62,785
TP2: $62,535
TP3: $62,250
Analysis:
BTC is still below the 1H Supertrend at $63,321, keeping the structure bearish. The recent bounce from $62,535 reached the $63.1K area but got rejected, which keeps sellers in control for now.
The cleaner play is a retest of $62.95K–$63.10K with rejection rather than chasing the move lower. A break below $62,535 could accelerate the downside toward TP3.
Invalidation: A strong 1H reclaim above $63,321–$63,380 would weaken this short setup significantly.
Chart-based setup, not financial advice.
#BTC
Bias: Bearish
Entry: $62,950–$63,100
SL: $63,380
TP1: $62,785
TP2: $62,535
TP3: $62,250
Analysis:
BTC is still below the 1H Supertrend at $63,321, keeping the structure bearish. The recent bounce from $62,535 reached the $63.1K area but got rejected, which keeps sellers in control for now.
The cleaner play is a retest of $62.95K–$63.10K with rejection rather than chasing the move lower. A break below $62,535 could accelerate the downside toward TP3.
Invalidation: A strong 1H reclaim above $63,321–$63,380 would weaken this short setup significantly.
Chart-based setup, not financial advice.
#BTC