$BTC /USDT Short Setup ๐
Entry Range: 63,450 โ 63,650
Stop Loss: 64,250
Targets:
๐ฏ TP1: 62,850
๐ฏ TP2: 62,300
๐ฏ TP3: 61,999
After the explosive vertical pump, BTC is showing signs of exhaustion near resistance. Price is struggling to hold above the recent breakout area, while sellers are defending the 63.8Kโ64.2K zone. A rejection from this region could trigger a pullback toward lower liquidity levels.
Patience is key hereโchasing the move after the pump carries higher risk. The better opportunity comes from a confirmed rejection and loss of short-term support.
Outlook: Bearish below 64,250. A move above this level would invalidate the setup and could open the door for a continuation toward new highs. ๐จ๐ป