#BinancePick 🚨 BTC SCALP SHORT: Dead Cat Bounce at $80.1K?
BTC bounced back off $79.1K, but it’s running straight into heavy resistance at $80.1K – $80.2K. This looks like a classic bearish retest before another leg down.
📉 THE TRADE PLAN:
📍 Entry: $80,100 – $80,200
🛑 Stop Loss: $80,435
🎯 TP1: $79,533
🎯 TP2: $79,121
🧠 Logic: Lower-timeframe structure favors the bears as long as $80.2K rejects. A break above $80.4K invalidates the setup.
👇 Are you shorting this retest or betting on a reclaim?
#Bitcoin #BTC #Crypto #Trading #BinanceSquare
BTC bounced back off $79.1K, but it’s running straight into heavy resistance at $80.1K – $80.2K. This looks like a classic bearish retest before another leg down.
📉 THE TRADE PLAN:
📍 Entry: $80,100 – $80,200
🛑 Stop Loss: $80,435
🎯 TP1: $79,533
🎯 TP2: $79,121
🧠 Logic: Lower-timeframe structure favors the bears as long as $80.2K rejects. A break above $80.4K invalidates the setup.
👇 Are you shorting this retest or betting on a reclaim?
#Bitcoin #BTC #Crypto #Trading #BinanceSquare