$BTC BEARISH REVERSAL FROM LOCAL TOP STRUCTURE
The chart shows a clear rejection near the upper resistance zone around recent highs. Price has started forming lower highs on lower timeframes, indicating exhaustion of bullish momentum and the beginning of a corrective bearish phase toward key support levels.
Trade Setup (Short Entry)
Entry Range: 92,800 – 94,200
Target 1: 91,000
Target 2: 89,500
Target 3: 87,800
Stop Loss (SL): 95,300
Short Outlook of Market
Sellers are regaining control as the structure shifts from expansion to correction. Unless the chart breaks above the rejected resistance with strong volume, BTC remains vulnerable to deeper pullbacks toward major liquidity zones.
