The interesting part isn’t the drop — it’s where BTC was rejected.
$BTC pushed above $80K and failed to hold the breakout, leaving the latest move vulnerable to a deeper pullback. Price is now sitting near the short trigger, while $80K acts as the key invalidation area.
$BTC — SHORT
Entry: 79,650–79,800
TP1: 79,300
TP2: 79,000
TP3: 78,851
SL: 80,035
Why this setup? Rejection from the recent high and loss of the $79.7K area favor downside continuation.
If BTC reclaims $80K and holds, the short idea is invalidated.
Would you take this rejection short or wait for $79.3K to break?
$BTC pushed above $80K and failed to hold the breakout, leaving the latest move vulnerable to a deeper pullback. Price is now sitting near the short trigger, while $80K acts as the key invalidation area.
$BTC — SHORT
Entry: 79,650–79,800
TP1: 79,300
TP2: 79,000
TP3: 78,851
SL: 80,035
Why this setup? Rejection from the recent high and loss of the $79.7K area favor downside continuation.
If BTC reclaims $80K and holds, the short idea is invalidated.
Would you take this rejection short or wait for $79.3K to break?
