$BTC – Rejection from upper band, momentum already rolling over

Trading Plan Short $BTC

Entry: 75800 – 77800

SL: 81500

TP1: 74200

TP2: 71800

TP3: 69400

Price pushed into the upper range and tapped the highs — but couldn’t hold.

The rejection is clear. Upper band touched, then immediate pullback. That’s not acceptance, that’s resistance doing its job.

Momentum indicators are already rolling over, and the last push up lacked continuation. No expansion, just a final squeeze.

This is where most traders get trapped chasing breakout. But the move already failed to follow through.

Now the structure shifts — from breakout attempt to potential distribution.

If price continues to hold below this zone, downside becomes the path of least resistance as trapped longs unwind.

Trade $BTC here 👇

BTCUSDT

Perp

78,840.9

-1.80%