I’m looking at $BTC on the 15m chart, and the short-term structure looks weak after the sharp rejection from the 81,088–81,136 area. Price is now around 80,950 and sitting below the visible MA60 at 81,036.78, which keeps me cautious on longs.
The key thing I’m watching is the 80,993–81,041 area. Price has struggled to reclaim this zone after the drop, while the recent visible low is 80,897.15. If BTC fails to recover the MA60 and gets rejected again, I’d be interested in a short continuation toward that recent low.
Trade idea:
📍 Entry: 80,950–80,993
🎯 TP1: 80,897.15
🎯 TP2: 80,897 area retest only
🛑 Invalidation: 81,041.00
A clean move back above 81,041 would weaken this short idea because price would be reclaiming the visible resistance/MA area. I’d rather wait for confirmation around 80,993–81,041 than chase the current candle.
Watching the reaction here rather than forcing the setup
The key thing I’m watching is the 80,993–81,041 area. Price has struggled to reclaim this zone after the drop, while the recent visible low is 80,897.15. If BTC fails to recover the MA60 and gets rejected again, I’d be interested in a short continuation toward that recent low.
Trade idea:
📍 Entry: 80,950–80,993
🎯 TP1: 80,897.15
🎯 TP2: 80,897 area retest only
🛑 Invalidation: 81,041.00
A clean move back above 81,041 would weaken this short idea because price would be reclaiming the visible resistance/MA area. I’d rather wait for confirmation around 80,993–81,041 than chase the current candle.
Watching the reaction here rather than forcing the setup
