$BTC Faces Heavy Resistance — Short-Term Short Still Favored 🔻
Short Trade Signal (Day Trade):
Sell Zone: 87,800 – 88,300
TP1: 87,000
TP2: 86,200
TP3: 85,300
SL: Above 88,900
Leverage: 20–40x (risk 1–2%)
Open Trade in Future👇🏻
Spot Traders: Avoid chasing spot buys here. Safer spot accumulation lies near 84,500 – 82,500 if price stabilizes with volume support.
Why This Trade:
On the 1H chart, $BTC is struggling to hold above 87,500–88,000, with repeated rejections near the upper Bollinger band. Each bounce is getting sold quickly, showing sellers are active at resistance.
On the 1D timeframe, Bitcoin remains under major descending resistance and below key recovery levels. The move from 80,500 → 88,100 looks corrective rather than a trend reversal. Price is still capped by higher-timeframe selling pressure.
Market sentiment remains cautious, liquidity is tight, and large caps are moving sideways to down. Until $BTC decisively reclaims and holds above 89,000–90,000, upside remains limited and short setups on rallies offer better risk-to-reward.
Key Levels:
Support Zones:
• 86,200 – 85,300
• 84,500 – 82,500
Resistance Zones:
• 87,800 – 88,300
• 89,000 – 90,000
As long as price stays below 88,900, short bias remains valid.
Summary:
Rejection at resistance
Lower highs on short timeframes
Shorts favored until breakout confirmation
Trade with discipline and manage risk properly.
If you’re not following Token Talk, you’re missing the real market moves.