$BTC pushed into the upper band but failed to sustain the breakout, now drifting back inside. 📉

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$BTC Trading Plan (Short) 👇

Entry: $68,200 – $68,900
SL: $69,800
TP: $67,200, $66,500
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Price briefly pushed above the prior high but lacked conviction, with upper wicks indicating rejection. Recent closes have slipped back below key resistance levels.

Despite an initial strong upward move, follow-through has faded. This is characterized by volume without significant price progression, suggesting a weakening of bullish momentum.

A short position has been initiated, anticipating further downside if the current weakness persists. This trade would be invalidated if price firmly reclaims and holds above the upper band.

Short $BTC! 📉