$BTC STRUGGLING TO RECLAIM KEY RESISTANCE AS BEARISH PRESSURE BUILDS ๐
Entry: 60,800 โ 61,000 ๐ฅ
Target: 60,000, 59,500, 59,100 ๐
Stop Loss: 61,720 โ ๏ธ
The price action is showing clear signs of exhaustion after failing to clear the overhead resistance. With the bearish momentum dominating the short-term structure, the path of least resistance currently points toward the lower support levels.
I am watching how the price reacts to this rejection zone closely. A failure to hold current levels confirms the downside bias for the next leg. Are you looking to short this breakdown or waiting for a reclaim?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #TradingStrategy #Crypto
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