$BTC sustained downtrend characterized by clear lower highs (82060 -> 81033 -> 80844)
Structure remains bearish as long as the price fails to break and hold above 80800 - 81000 resistance block
Notably, Open Interest (OI) is increasing as price drops, indicating aggressive short buildup
However, it's sitting at lower boundary of the recent range, a defense of this area could lead to short-term relief bounce
$BTC SHORT SETUP (Primary trend)
· Entry Short: 80400 - 80700 (Wait for bounce into resistance block)
· Stop Loss: above 81000
· Take Profit: 79700 - 79300
$BTC Long Setup (Counter-trend)
· Entry Long: 79100 - 79400 (Wait for retest support zone)
· Stop Loss: below 78600
· Take Profit: 80100 - 80400
Support me just Trade here👇#btc
Structure remains bearish as long as the price fails to break and hold above 80800 - 81000 resistance block
Notably, Open Interest (OI) is increasing as price drops, indicating aggressive short buildup
However, it's sitting at lower boundary of the recent range, a defense of this area could lead to short-term relief bounce
$BTC SHORT SETUP (Primary trend)
· Entry Short: 80400 - 80700 (Wait for bounce into resistance block)
· Stop Loss: above 81000
· Take Profit: 79700 - 79300
$BTC Long Setup (Counter-trend)
· Entry Long: 79100 - 79400 (Wait for retest support zone)
· Stop Loss: below 78600
· Take Profit: 80100 - 80400
Support me just Trade here👇#btc
