๐Ÿšจ $BTC: Hitting Strong Resistance - Short Setup for a Corrective Dip! ๐Ÿ“‰

Plan Trade: Short ๐Ÿ”ด

Entry Zone: 89,600 - 90,100

Take Profit:
๐ŸŽฏ TP1: 88,300
๐ŸŽฏ TP2: 87,100
๐ŸŽฏ TP3: 86,200

Stop Loss: 90,700

๐Ÿ”ฅ Technical Analysis:

On the H4 and H1 charts, $BTC is facing heavy selling pressure as it nears the $90,500 psychological resistance. Long upper wicks indicate that bears are aggressively defending this peak.

The 15m RSI is weakening and turning down from overbought levels. This signals exhausted buying momentum and an impending correction toward lower EMA support levels.

(BTCUSDT)