$BTC BTCUSD Technical Analysis (1H Timeframe)
✅ Market Structure: Bearish
Price rejected from the upper supply zone and broke below the rising trendline, which suggests short-term bearish continuation.
Key Observations:
• Trendline breakdown confirmed
• Rejection from 77,500 – 77,800 resistance
• Price moving back below structure support
• Bearish momentum increasing
🎯 Bearish Targets:
• TP1: 76,000
• TP2: 74,500 (main target area)
📌 Resistance Zone:
77,300 – 77,600
A strong candle close above 77,600 may invalidate the bearish setup.