Based on your chart:
🔍 Market Structure
Price rejected strongly from the 65,400–65,600 supply zone (purple/red area).
Clear lower high formed → bearish continuation signal.
Current price trading below intraday resistance ~64,880–65,000.
📌 Sell Bias Confirmation
Rejection wick + bearish candle near resistance
Price failing to reclaim 65k level
Momentum shifting downward on lower timeframe
🎯 Sell Setup (Intraday)
Sell zone: 64,850 – 65,000
Stop loss: 65,500 – 65,600 (above supply zone)
Targets:
TP1: 64,300
TP2: 63,600
TP3: 62,900 (major demand zone)
⚠️ Invalidation
Strong 5m close above 65,600 → sell idea invalid.
📊 Summary
Trend is bearish below 65k. Rallies into resistance are selling opportunities until price reclaims the supply zone with volume.
If you want, I can also:
Mark entry/SL/TP cleanly on the pic
Do 15m confirmation
Give scalp vs swing plan
Just tell me 👍$BTC
