$BTC is facing strong resistance after the recent recovery and is struggling to break above the current supply zone. Short-term price action favors another move lower.
BTC - SHORT
Trade Plan:
Entry: 63,800 – 64,000
SL: 64,550
TP1: 63,300
TP2: 62,900
TP3: 62,500
Why this setup?
Price is failing to reclaim the recent breakdown level and continues to trade below key resistance. As long as it stays below 64,550, sellers remain in control and a move toward lower support levels is likely.
Click below for trade 👇
$BTC
BTC - SHORT
Trade Plan:
Entry: 63,800 – 64,000
SL: 64,550
TP1: 63,300
TP2: 62,900
TP3: 62,500
Why this setup?
Price is failing to reclaim the recent breakdown level and continues to trade below key resistance. As long as it stays below 64,550, sellers remain in control and a move toward lower support levels is likely.
Click below for trade 👇
$BTC