๐จ $BTC Rejected at 65K โ Strong sell pressure from institutions in the chart? ๐
Entry: 64,980โ65,100 โก
Target 1: 64,080 ๐
Target 2: 63,868 ๐
Target 3: 63,374 ๐
Stop Loss: 65,526 โ ๏ธ
๐ This resistance level at $65,100 likely already produced a sharp rejection, and the reaction on retest tells the story. โSmart moneyโ is likely defending this level while sweeping away the accumulated buy-side liquidity above it. ๐ The rejection candle on the 1H timeframe shows a clear institutional footprint โ sellers step in with confidence, not hesitation.
๐ With three downside targets aligned below, the structure stays bearish as long as price remains under that supply zone. ๐ก A clean break below $64,080 will confirm the liquidity grab and pave the way toward the lower targets. ๐ฌ Are you going to trade this rejection, or are you waiting for a weekly close to confirm the reversal? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BTC #ShortSetup #Bearish #Crypto #TradingTales
Entry: 64,980โ65,100 โก
Target 1: 64,080 ๐
Target 2: 63,868 ๐
Target 3: 63,374 ๐
Stop Loss: 65,526 โ ๏ธ
๐ This resistance level at $65,100 likely already produced a sharp rejection, and the reaction on retest tells the story. โSmart moneyโ is likely defending this level while sweeping away the accumulated buy-side liquidity above it. ๐ The rejection candle on the 1H timeframe shows a clear institutional footprint โ sellers step in with confidence, not hesitation.
๐ With three downside targets aligned below, the structure stays bearish as long as price remains under that supply zone. ๐ก A clean break below $64,080 will confirm the liquidity grab and pave the way toward the lower targets. ๐ฌ Are you going to trade this rejection, or are you waiting for a weekly close to confirm the reversal? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BTC #ShortSetup #Bearish #Crypto #TradingTales