BTC
76,825.25
+1.40%
🚨BTC/USDT Bearish Bias 🚨
Bitcoin is currently hovering around $75,150, but we're approaching a critical resistance level. On the 1H timeframe, price is pushing up directly into the MA(99) line near $75,590.
I'm watching for a classic MA rejection in this zone to initiate a short position. The trend structure still leans bearish, and this bounce looks like an optimal entry for the next leg down.
📉 Entry Zone:$75,150 - $75,600 (Wait for rejection confirmation)
🎯 Take Profit:$73,300 (Targeting recent lows)🩸📉