$BTC Bearish Base After Sharp Sell-Off 📉
Bitcoin ($BTC) is currently trading at $78,790, down -5.3% in the last 24 hours. The price exhibits a strong bearish impulse, consolidating below the EMA 25/99 on the 30-minute chart. This indicates a potential bearish base forming after a sharp sell-off. 📉
🎯 **SHORT Entry:** $79,200 – $80,000
**TP1:** $77,800
**TP2:** $76,600
**TP3:** $75,500
**SL:** $81,300
The recent rebound from $75.5k appears corrective. A failure to reclaim the critical $80k–$81k EMA resistance zone suggests continued downside risk. Traders should watch for a move towards prior liquidity lows if this resistance holds. 💡
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