**I'M WATCHING A BIG SHORT ON $BTC .**
**EP:** $73,650 – $73,800
**TP:** $73,393.6
**SL:** $74,042.2
BTC is showing short-term bearish momentum on the 1H timeframe after getting rejected from the $74,797 resistance. Sellers have taken control, pushing price into a sequence of lower highs, while recent recovery attempts have failed to regain bullish momentum.
The $73,393.6 level is the key support to watch. A clean breakdown below this level could expose $73,272.4 next. Resistance around $73,838.3 – $74,042.2 needs to be reclaimed to weaken the bearish structure.
The short setup remains valid while BTC stays below $74,042.2; a sustained 1H breakout above this level invalidates the bearish bias.
**Sellers are gaining momentum. Watch the support breakdown and trade with discipline.**
**EP:** $73,650 – $73,800
**TP:** $73,393.6
**SL:** $74,042.2
BTC is showing short-term bearish momentum on the 1H timeframe after getting rejected from the $74,797 resistance. Sellers have taken control, pushing price into a sequence of lower highs, while recent recovery attempts have failed to regain bullish momentum.
The $73,393.6 level is the key support to watch. A clean breakdown below this level could expose $73,272.4 next. Resistance around $73,838.3 – $74,042.2 needs to be reclaimed to weaken the bearish structure.
The short setup remains valid while BTC stays below $74,042.2; a sustained 1H breakout above this level invalidates the bearish bias.
**Sellers are gaining momentum. Watch the support breakdown and trade with discipline.**
