🚨 $BTC SHORT SETUP: RESISTANCE IN FOCUS

$BTC is approaching a key resistance zone, while upside momentum is beginning to slow after the recent recovery move. Price is entering an area where sellers may look to regain control.

Why it matters:

A slowing advance into resistance often signals buyer exhaustion. Unless bulls reclaim higher levels with strong volume, the current structure favors a corrective move lower.

🎯 Trading Plan (Short)

Entry: 59,300 – 62,300

Stop Loss: 63,800

Targets:

• TP1: 58,000

• TP2: 55,000

• TP3: 52,000

Risk/Reward:

The setup remains valid while price trades below the stop-loss zone. Confirmation through rejection candles or weakening momentum can improve entry quality.

Trade here: $BTC

BTC
BTCUSDT
65,717.1
-2.10%

#BTC #TradingPlan #MarketStructure #CryptoMarkets