$BTC Facing Strong Rejection After an Incredible Move — Bears Ready to Push Lower 🔻
Trade Signal (Day Trade — Short Setup):
Sell Range: 94,200–94,900
TP1: 93,800
TP2: 93,200
TP3: 92,650
SL: 96,200
Leverage: 20–50x (risk 1–2%)
Open Trade in Future👇🏻
Spot Traders:
Avoid buying here. Safer spot accumulation only near $91,000–$90,000 if the market shows strong support.
Why This Trade:
$BTC has moved sharply up from the demand zone but is now facing strong rejection near the 94.5K resistance, which has acted as a supply zone multiple times before. The recent move looks like a liquidity sweep and relief bounce, not a confirmed trend reversal yet. On the fundamental side, ETF inflows have slowed, showing reduced fresh institutional demand at these higher levels. Market sentiment is again turning cautious after the sharp pump, and derivatives data shows new short positions building near resistance, which often leads to a controlled pullback. Liquidations have already flushed late longs, and downside continuation toward lower support zones is now more likely unless $BTC breaks and holds above 95.6K.
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