$BTC Shorting Opportunity
As long as Bitcoin remains below the 80500–81000 resistance zone, the overall structure remains bearish.
Most notably, open interest fell sharply during this move, indicating that leverage is being flushed out.
The 1-hour chart confirms this bearish shift, forming a clear series of lower highs and lower lows.
$BTC Shorting Strategy
· Short entry zone: 80000–80500 (wait for a rebound to this resistance zone)
· Stop loss: above 81300
· Take profit: 79500 (recent low), 78800 (next support level)
Support me by trading here 👇$BTC
As long as Bitcoin remains below the 80500–81000 resistance zone, the overall structure remains bearish.
Most notably, open interest fell sharply during this move, indicating that leverage is being flushed out.
The 1-hour chart confirms this bearish shift, forming a clear series of lower highs and lower lows.
$BTC Shorting Strategy
· Short entry zone: 80000–80500 (wait for a rebound to this resistance zone)
· Stop loss: above 81300
· Take profit: 79500 (recent low), 78800 (next support level)
Support me by trading here 👇$BTC
