$BTC has rallied back into a key supply zone where sellers could regain control. This area looks attractive for another potential short if rejection confirms.
Trading Plan – Short $BTC
Entry: 61,200 – 62,500
SL: 64,600
TP1: 59,500
TP2: 58,000
TP3: 57,300
The recent recovery has pushed Bitcoin back into a major resistance zone that has previously attracted strong selling pressure. As long as price remains below this supply area, the broader bearish outlook remains intact. With risk clearly defined above the liquidity zone, a rejection here could trigger another impulsive move lower toward the downside liquidity and the listed take-profit targets.
Trade smart, manage your risk carefully, and wait for confirmation before entering.
DYOR (Do Your Own Research).
Trading Plan – Short $BTC
Entry: 61,200 – 62,500
SL: 64,600
TP1: 59,500
TP2: 58,000
TP3: 57,300
The recent recovery has pushed Bitcoin back into a major resistance zone that has previously attracted strong selling pressure. As long as price remains below this supply area, the broader bearish outlook remains intact. With risk clearly defined above the liquidity zone, a rejection here could trigger another impulsive move lower toward the downside liquidity and the listed take-profit targets.
Trade smart, manage your risk carefully, and wait for confirmation before entering.
DYOR (Do Your Own Research).