$BTC Push Toward Resistance — Patience Still Key
Short Trade Signal (Day Trade):
Sell Zone: 89,200 – 90,300
TP1: 88,200
TP2: 87,200
TP3: 85,800
SL: 91,200
Leverage: 20–40x (risk 1–2%)
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Spot Traders:
Do not chase strength here. Best spot opportunities remain on deeper pullbacks near 86,000 – 84,500, where risk-to-reward improves.
Why This Trade:
Bitcoin has shown a strong intraday bounce from the 85,200 region, but price is now approaching a major resistance zone between 89,200 and 90,300. On the 1H chart, this move looks extended and driven by momentum rather than structure. On the 1D chart, $BTC is still trading below key resistance and inside a broader corrective range.
Previous attempts near 90,000 – 90,500 have resulted in sharp rejections, and this area continues to attract sellers. Volume increased during the push, but follow-through above resistance is still unproven. Until $BTC can reclaim 90,500+ with a clean daily close, upside remains limited and pullbacks are more likely than a sustained breakout.
Key Levels to Watch:
Support Zones: 88,200 – 87,200, then 86,000 – 84,500
Resistance Zones: 89,200 – 90,300, major at 91,500
Bias stays sell the rally, not buy the top. Let price come to resistance, wait for confirmation, and manage risk strictly. If you’re not following Token Talk, you’re missing how disciplined BTC trades are planned.