Mike On The Move
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Bearish
⚠️ $BTC — Approaching Critical Sell Zone, High-Probability Short Setup 🔴
Trading Plan — SHORT $BTC
Entry: 92,600–93,000
SL: 94,650
TP1: 90,800
TP2: 89,300
Analysis:
$BTC sitting at 92,600 is marching straight into a major liquidity pocket where sellers previously overwhelmed buyers. Momentum on the 1h chart is stalling, with weakening RSI and fading volume — classic signs of a potential swing-failure near the top of the range. 🚨
This 92.6–93k zone aligns with a freshly formed lower-timeframe MTF resistance block. If price rejects here, downside targets at 90,800 → 89,300 come into play. The short bias remains valid unless BTC closes firmly above 94,650, which would break structure and invalidate the setup.
{future}(BTCUSDT)
Trading Plan — SHORT $BTC
Entry: 92,600–93,000
SL: 94,650
TP1: 90,800
TP2: 89,300
Analysis:
$BTC sitting at 92,600 is marching straight into a major liquidity pocket where sellers previously overwhelmed buyers. Momentum on the 1h chart is stalling, with weakening RSI and fading volume — classic signs of a potential swing-failure near the top of the range. 🚨
This 92.6–93k zone aligns with a freshly formed lower-timeframe MTF resistance block. If price rejects here, downside targets at 90,800 → 89,300 come into play. The short bias remains valid unless BTC closes firmly above 94,650, which would break structure and invalidate the setup.
{future}(BTCUSDT)
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