$BTC Range Resistance Retest and Short Setup
๐ฅChart displays #bitcoin consolidating within a broad sideways structure ($85k1 - 86k3), currently trading near 86060 (+0.13%). The price is holding above its key moving averages (MA 7 at 85688, MA 25 at 85710, and MA 99 at 85339). A projected final push toward the upper boundary of the range offers a potential short entry setup anticipating a corrective move back toward lower structural support levels
๐Entry Short: 86k3 - 86k7
๐ฅStop Loss: > 87k3
๐TP1: 84k9 - 85k3
๐TP2: 83k6 - 84k
Click here to view the chart ๐๏ธ๐๐
๐ฅChart displays #bitcoin consolidating within a broad sideways structure ($85k1 - 86k3), currently trading near 86060 (+0.13%). The price is holding above its key moving averages (MA 7 at 85688, MA 25 at 85710, and MA 99 at 85339). A projected final push toward the upper boundary of the range offers a potential short entry setup anticipating a corrective move back toward lower structural support levels
๐Entry Short: 86k3 - 86k7
๐ฅStop Loss: > 87k3
๐TP1: 84k9 - 85k3
๐TP2: 83k6 - 84k
Click here to view the chart ๐๏ธ๐๐
