📉 $BTC /USDT: Short Opportunity Alert! 🚨
Bitcoin is showing signs of exhaustion after that recent dip.
While it’s trying to catch a breath, the bears might still have the upper hand.
Check out the setup:
Current Price: ~$78,858
The Situation: We've seen a massive rejection from the $84,523 high.
Even though there's a small bounce, the 4H candles are looking heavy near this local resistance.
The Target: If we fail to break higher, we could see a revisit to the support levels marked on the chart:
🎯 Target 1: $77,715
🎯 Target 2: $76,746
🎯 Target 3: $75,777
⚠️ Risk Management: The market is volatile! If BTC pushes past $80k, the short thesis weakens. Keep your stop-losses tight and watch the volume.
What do you think? Is it a "Dead Cat Bounce" or the start of a recovery? Let me know below! 👇
#reCryptoTiger #BTC☀ #cryptotrading #ShortSignal #TechnicalAnalysis