$BTC – Strong rejection from the 76,000 resistance after an aggressive upside expansion. Momentum is now shifting bearish as sellers continue to defend the upper range, with price struggling to hold above 75,500 and forming lower highs.

Currently trading around 74,047, price is hovering near the mid-range following the rejection.

Short Setup – $BTC

Entry: 74,000 – 75,500

Targets:

TP1: 73,050

TP2: 72,000

TP3: 70,500

The impulsive rally from the 71,000 zone into 76,000 met heavy sell pressure. After the spike, price faced a sharp rejection and pulled back toward the 74,000 area, with sellers still maintaining control of the structure.

Watch for continuation to the downside if resistance holds.

Trade the setup on $BTC 👇📉

#BTC

BTC
BTCUSDT
76,811.4
-1.02%