🚨 $BTC /USDT Short Setup – 1H Timeframe 🚨
#BTC is still trading below MA25 & MA99 on the 1H chart, showing clear bearish pressure. Price is struggling to break above the 64K resistance zone. Sellers remain in control unless we see a strong reclaim with volume.
📊 Current Price: 63,198
🔻 Trade Idea: Short on Rejection / Breakdown
✅ Entry Zone: 63,200 – 63,500
🎯 TP1: 62,700
🎯 TP2: 62,200
🎯 TP3: 61,500
🛑 SL: 64,600
Break below 62,700 could trigger another leg down toward 61.5K liquidity zone.
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📈 Alternative Bullish Scenario:
If price breaks and closes above 64,500 with strong volume:
🎯 Upside Targets: 65,500 – 66,000
🛑 SL: 63,800
⚠️ Manage your risk. Don’t overleverage. Wait for confirmation before entry.