📉 BTCUSDT | 1H SMC Analysis
BTC remains bearish as price continues to trade below key supply zones.
🔴 Bias: Bearish
📍 Resistance: 60.2K–60.7K (Main Supply)
🟢 Support: 59.2K–58.9K
Trading Plan
Sell Entry: 60.2K–60.6K (after bearish confirmation)
Stop Loss: Above 61.1K
Take Profit:
🎯 TP1: 59.2K
🎯 TP2: 58.9K
🎯 TP3: 58.2K
⚠️ A strong 1H close above 60.7K would weaken the bearish setup and could open the way toward 61.8K.
Trade with confirmation and proper risk management. This is for educational purposes only.
BTC remains bearish as price continues to trade below key supply zones.
🔴 Bias: Bearish
📍 Resistance: 60.2K–60.7K (Main Supply)
🟢 Support: 59.2K–58.9K
Trading Plan
Sell Entry: 60.2K–60.6K (after bearish confirmation)
Stop Loss: Above 61.1K
Take Profit:
🎯 TP1: 59.2K
🎯 TP2: 58.9K
🎯 TP3: 58.2K
⚠️ A strong 1H close above 60.7K would weaken the bearish setup and could open the way toward 61.8K.
Trade with confirmation and proper risk management. This is for educational purposes only.