$BTC 4H: range high rejection pressures support
Repeated rejection near the range high has produced lower closes and renewed pressure on support. Continued weakness confirms the short idea, while a sustained reclaim of the recent lower-high zone invalidates it.
Paper trade, 4H short:
→ entry $85,141.63
→ target $83,300.00 (R:R 1.7)
→ invalidation $86,250.00
Does support break before buyers reclaim the range?
#TechnicalAnalysis #PaperTrading
Not financial advice, DYOR.
Repeated rejection near the range high has produced lower closes and renewed pressure on support. Continued weakness confirms the short idea, while a sustained reclaim of the recent lower-high zone invalidates it.
Paper trade, 4H short:
→ entry $85,141.63
→ target $83,300.00 (R:R 1.7)
→ invalidation $86,250.00
Does support break before buyers reclaim the range?
#TechnicalAnalysis #PaperTrading
Not financial advice, DYOR.
