$BTC USDT Short
The price has reached a key resistance zone after a sharp advance and shows signs of pullback. Recent highs are not holding and the pullback candles are gaining body, suggesting profit-taking by buyers.
Trading plan
Entry: 84,000 – 84,300
Stop Loss: 85,000
Target 1: 83,200
Target 2: 82,500
Target 3: 81,800
Why this scenario
Rejection in the max zone is clear, and sell volume increases during pullbacks. As long as it does not break above 85,000, the correction toward lower levels is the most likely path.
The price has reached a key resistance zone after a sharp advance and shows signs of pullback. Recent highs are not holding and the pullback candles are gaining body, suggesting profit-taking by buyers.
Trading plan
Entry: 84,000 – 84,300
Stop Loss: 85,000
Target 1: 83,200
Target 2: 82,500
Target 3: 81,800
Why this scenario
Rejection in the max zone is clear, and sell volume increases during pullbacks. As long as it does not break above 85,000, the correction toward lower levels is the most likely path.
