$BTC is losing the $83.6K support zone with bearish momentum building.
$BTC SHORT SETUP
Entry: $83,550 – $84,000 | TP: $82,500 / $81,700 / $80,985 | SL: $84,695
{future}(BTCUSDT)
Will $83.6K turn into resistance, or can BTC reclaim it?
Crypto Market Under Heavy Pressure
The market is dropping again after the recent rejection from the highs.
$BTC is down 2.91%, $ETH 2.94%, $SOL 3.36%, while XRP, DOGE, NEAR, UNI and ZEC are seeing much deeper selling.
This is exactly why recent resistance zones mattered. Buyers failed to sustain the recovery, and sellers have taken control again.
For now, patience is important. Let the market find strong support before looking for the next major recovery setup.
Guys, one thing is clear to me: $ZEC is likely to move lower sooner or later. However, before the drop, it could still print one more bullish candle and sweep out short sellers by hitting their stop losses. On the other hand, there's also a chance it starts dropping from the current level.
That's why I'm not waiting. I'm opening a small short position now. If the price moves higher first, I'll DCA into my position at better levels. If it starts dropping from here, I'll add to my position while ...
$ZEC — Possible rejection from 1,495–1,515.
Short $ZEC
Entry: 1,495–1,515
SL: 1,595
TP1: 1,478
TP2: 1,400
TP3: 1,320
Rejection near resistance could trigger a corrective move lower.
Trade $ZEC here 👇
{future}(ZECUSDT)