Headline: ๐ Market Update: $BTC

BTCUSDT
Perp
70,518
-2.20%
Retests Support โ Stay Vigilant!
The bulls hit a wall at $74K, and we are now seeing a retracement across the board. Here is the setup for today:
๐ฏ Trading Signal: Bitcoin (BTC)
Direction: Bearish / Neutral ConsolidationCurrent Price: ~$68,111Entry Zone (Long): Wait for a bounce atย $65,000 - $65,400ย with high volume
.Entry Zone (Short): Look for rejections nearย $70,200.
Take Profit 1: $65,500 (Short target)
Take Profit 2: $62,000 (Major support)
Stop Loss: $73,300 (Above recent resistance)