📉 BTC (Perpetual) — Short Signal
🔹 Entry Zone: 66,000 – 74,500
🎯 Take Profits:
TP1: 60,600
TP2: 55,000
TP3: 49,800
TP4: 41,100
TP5: 32,900
TP6: 26,400
TP7: 17,400
🛑 Stop Loss: 86,400 (Weekly Close Above)
💼 Signal Type: Short (Swing)
Market Analysis
Bitcoin is currently trading inside a major weekly supply zone between 66K and 74.5K. This area has historically acted as strong resistance where sellers dominate and bullish momentum often slows down.
If price fails to break and hold above this resistance zone, a bearish continuation move may develop. Below current levels, multiple liquidity zones are positioned, which could attract price in case of breakdown, leading to extended downside targets.
This is a swing setup, meaning price may take time before confirming direction. Traders should wait for rejection confirmation or breakdown structure before entering. Proper risk management is highly important due to high volatility at macro levels.
⚠️ Trade with discipline and always use stop loss.
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