$BTC is showing a rejection setup after failing to hold above the $86K resistance zone. Sellers reacted near the recent $86.3K–$86.7K highs, while the rising intraday trendline around $85K is the key support protecting buyers.
EP: $85,900–$86,200
TP1: $85,300
TP2: $84,700
TP3: $84,150
SL: $86,750
Liquidity sits above the recent highs around $86.3K–$86.7K and below the rising support near $85K, making a rejection from the $86K area the cleaner short trigger. If BTC reclaims and holds above $86,700, the short setup is invalidated; a confirmed breakout above that zone would favor waiting for a long retest instead.
EP: $85,900–$86,200
TP1: $85,300
TP2: $84,700
TP3: $84,150
SL: $86,750
Liquidity sits above the recent highs around $86.3K–$86.7K and below the rising support near $85K, making a rejection from the $86K area the cleaner short trigger. If BTC reclaims and holds above $86,700, the short setup is invalidated; a confirmed breakout above that zone would favor waiting for a long retest instead.
