BTCUSDT
Perp.
77,873.5
+0.46%
urrent price: ~77,542
Your chart shows a possible short setup, but I would not sell immediately.
Key levels:
🔴 Entry zone: 77,500–77,550
🛑 Stop Loss: ~77,760
🎯 TP1: 77,000
🎯 TP2: 76,500
🎯 TP3: 76,275
⚠️ Important
The 77,500 area is acting like a support/demand zone. Selling directly into support is risky because BTC could bounce from there.
✅ Better Sell Confirmation
Wait for:
1H candle to close below 77,500.
Price to retest 77,500 from below.
Bearish rejection or bearish engulfing on the retest.
Enter SELL after confirmation.
SL above 77,760.