$BTC
losing momentum after rejection from channel resistance, with structure breaking back into key supply
SHORT BTC
Entry: $89,500–$91,500
Stop loss: $91,800
Targets: $86,000 → $82,000 → $74,000
Price failed to hold the upper trend channel and is now reacting below a major resistance band. As long as BTC remains below the $91k–$94k zone, rallies favor shorts. Best play is to fade resistance and position for continuation back toward lower demand.
losing momentum after rejection from channel resistance, with structure breaking back into key supply
SHORT BTC
Entry: $89,500–$91,500
Stop loss: $91,800
Targets: $86,000 → $82,000 → $74,000
Price failed to hold the upper trend channel and is now reacting below a major resistance band. As long as BTC remains below the $91k–$94k zone, rallies favor shorts. Best play is to fade resistance and position for continuation back toward lower demand.