#Bitcoin❗ just made a sharp push toward $79.6K — and the rejection there is worth watching.
The 1H chart shows a strong vertical rally followed by hesitation near the recent high. Price is now slipping back below the $79.1K area, creating a potential pullback setup if sellers maintain control.
$BTC — SHORT
Entry: $79,103.81
TP1: $77,697.14
TP2: Not provided
TP3: Not provided
SL: $79,746.07
Why this setup? Rejection near resistance after an extended upside move.
A sustained reclaim above $79,746.07 invalidates the setup.
Would you short the rejection or wait for confirmation below $79.1K?
$BTC
The 1H chart shows a strong vertical rally followed by hesitation near the recent high. Price is now slipping back below the $79.1K area, creating a potential pullback setup if sellers maintain control.
$BTC — SHORT
Entry: $79,103.81
TP1: $77,697.14
TP2: Not provided
TP3: Not provided
SL: $79,746.07
Why this setup? Rejection near resistance after an extended upside move.
A sustained reclaim above $79,746.07 invalidates the setup.
Would you short the rejection or wait for confirmation below $79.1K?
$BTC
