$BTC is bouncing directly into a key resistance zone where sellers may start defending the upside. Rather than chasing a breakdown after an extended move, I prefer waiting for a clear rejection from this area before considering the short.
SHORT SETUP: $BTC
Entry: 83,500 – 85,000
SL: 85,900
TP1: 82,800
TP2: 82,100
TP3: 81,400
The key here is patience. A rejection from the entry zone would strengthen the bearish setup, while a clean break above the invalidation level would weaken the idea.
DYOR (Do Your Own Research).
SHORT SETUP: $BTC
Entry: 83,500 – 85,000
SL: 85,900
TP1: 82,800
TP2: 82,100
TP3: 81,400
The key here is patience. A rejection from the entry zone would strengthen the bearish setup, while a clean break above the invalidation level would weaken the idea.
DYOR (Do Your Own Research).
