emperorpenguin

btc lower high under ema resistance BTC attempted a corrective bounce after the sharp sell-off but failed to reclaim key EMA resistance. Price is rolling over again, signaling distribution and continued seller control at higher levels. Short BTC Entry: 65,900 – 66,400 SL: 67,200 TP1: 65,000 TP2: 64,200 TP3: 63,300 The impulsive breakdown from the 68k area flipped short-term structure bearish. While BTC bounced from the 64.2k demand zone, upside follow-through has been capped below the 25 and 99 EMA cluster. Repeated rejections, overlapping candles, and inability to build acceptance above 66k suggest buyers are struggling to regain control. Downside reactions remain cleaner than upside extensions, and as long as price holds below EMA resistance, flow favors a continuation back toward range lows and prior demand. Trade here 👇 $BTC #StrategyBTCPurchase