$BTC : Approaching Strong Resistance - Potential Short Setup for a Corrective Dip! šŸ“‰

**Trade Plan:** Short šŸ”“

**Entry Zone:** 89,600 - 90,100

**Take Profit Targets:**
šŸŽÆ TP1: 88,300
šŸŽÆ TP2: 87,100
šŸŽÆ TP3: 86,200

**Stop Loss:** 90,700

**Technical Analysis:**
On the H4 and H1 charts, Bitcoin (BTC) is encountering significant selling pressure as it approaches the $90,500 psychological resistance level. Long upper wicks on the candlesticks suggest that sellers are actively defending this price ceiling.

The 15-minute Relative Strength Index (RSI) is showing weakness and is turning downwards from overbought territory. This indicates a potential exhaustion of buying momentum, which could lead to a corrective dip towards lower Exponential Moving Average (EMA) support levels.

(BTCUSDT)