🔻 $BTC TESTS CRITICAL RESISTANCE AS MULTI-TIMEFRAME BEARISH STRUCTURE PERSISTS 📉
Entry: 77456.16 – 77503.44 ⚡
Target: 76806.42 🎯
Stop Loss: 78377.64 🛑
Price action on $BTC continues to respect higher-timeframe supply, trading firmly below both the 50 and 200 EMAs across the 1H and 4H charts. 🔍 Sellers maintain directional control with 4H RSI printing at 38.4, confirming structural weakness beneath key dynamic levels.
While low-timeframe order flow reveals temporary absorption, the broader trend favors short rotation directly into this overhead supply pocket. 🌊 Deeper structural targets remain open at 76357.50 and 75684.12 if initial support yields to continued distribution.
💬 Do you expect this supply zone to trigger continuation down toward 75684, or will intraday buyers force a reclaim?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #ShortSetup #PriceAction #MarketStructure
🎯 🦈
Entry: 77456.16 – 77503.44 ⚡
Target: 76806.42 🎯
Stop Loss: 78377.64 🛑
Price action on $BTC continues to respect higher-timeframe supply, trading firmly below both the 50 and 200 EMAs across the 1H and 4H charts. 🔍 Sellers maintain directional control with 4H RSI printing at 38.4, confirming structural weakness beneath key dynamic levels.
While low-timeframe order flow reveals temporary absorption, the broader trend favors short rotation directly into this overhead supply pocket. 🌊 Deeper structural targets remain open at 76357.50 and 75684.12 if initial support yields to continued distribution.
💬 Do you expect this supply zone to trigger continuation down toward 75684, or will intraday buyers force a reclaim?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #ShortSetup #PriceAction #MarketStructure
🎯 🦈
