$BTC is trying to stabilize on the 1H after the drop from 80.9K 👀
The price bounced from 77,632 and is now around 78.7K, but the Supertrend is still bearish at 79,616.
Entry: 78,400–78,700
SL: 77,600
TP1: 79,300
TP2: 79,650
TP3: 80,400
Support: 77,600–78,200
Resistance: 79,300–79,650
Bias: Recovery attempt, but bearish until 79.6K is reclaimed.
A clean 1H close above 79,650 would make the setup much stronger. Until then, I’d keep it measured rather than chase the bounce.
Not financial advice. Manage risk.
#BTC
The price bounced from 77,632 and is now around 78.7K, but the Supertrend is still bearish at 79,616.
Entry: 78,400–78,700
SL: 77,600
TP1: 79,300
TP2: 79,650
TP3: 80,400
Support: 77,600–78,200
Resistance: 79,300–79,650
Bias: Recovery attempt, but bearish until 79.6K is reclaimed.
A clean 1H close above 79,650 would make the setup much stronger. Until then, I’d keep it measured rather than chase the bounce.
Not financial advice. Manage risk.
#BTC
