$BTC Trading Below 200 EMA As Sellers Defend Key Resistance
Trade Setup: Short
Entry Zone: 61,200 – 61,600
TP1: 60,800
TP2: 60,300
TP3: 59,500
SL: 62,200
Price remains below the 200 EMA (62,149) after multiple failed recovery attempts beneath a major resistance zone. Although buyers defended the 60,755 support level, the rebound lacks strong follow through and appears corrective rather than trend changing.