“$BTC is currently trading in a short-term corrective phase after a local rejection from intraday highs.
On the 1-minute chart, price is trading below the short-term moving averages, showing temporary bearish pressure, but structure is still intact above key demand.
Key levels from the chart:
🔴 Immediate Resistance:
• 88,420 – 88,460 → MA cluster + prior rejection
• 88,520 – 88,550 → intraday supply zone
🟢 Immediate Support:
• 88,300 – 88,260 → current reaction area
• 88,240 – 88,200 → intraday demand (buyers previously stepped in here)
As long as $BTC holds above 88,200, this move remains a pullback, not a breakdown.
A reclaim and hold above 88,420 would signal renewed bullish momentum.
A clean loss below 88,200 would open the door for deeper short-term continuation to the downside.
I’m letting price confirm direction at levels — not forcing trades in the middle of noise.$BTC
