$BTC REJECTING A CRITICAL LIQUIDITY ZONE – SHORT BIAS INTACT 🔥
Entry: 62136.10 🔥
Target: 61889.30 🚀
Stop Loss: 62558.10 ⚠️
Price is fading cleanly from the 62136–62215 supply block after a clear rejection. The 4H and daily bias remain short, and the 15M RSI at 51 leaves room to drop further. Volume on the 15M confirms real selling participation at 0.19x relative to expectation.
This setup offers a first target with a 1:0.7 R:R, with deeper targets at 61698 and 61411 if momentum accelerates. Is the 62k resistance strong enough to hold for a full breakdown?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Fade #Bearish #Crypto
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Entry: 62136.10 🔥
Target: 61889.30 🚀
Stop Loss: 62558.10 ⚠️
Price is fading cleanly from the 62136–62215 supply block after a clear rejection. The 4H and daily bias remain short, and the 15M RSI at 51 leaves room to drop further. Volume on the 15M confirms real selling participation at 0.19x relative to expectation.
This setup offers a first target with a 1:0.7 R:R, with deeper targets at 61698 and 61411 if momentum accelerates. Is the 62k resistance strong enough to hold for a full breakdown?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Fade #Bearish #Crypto
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