$BTC is currently facing selling pressure near the 76,700 resistance zone. The price has shown a weak recovery after a sharp drop, indicating that bearish momentum is still active. As long as BTC stays below the 77,800 level, downside continuation is likely.
A rejection from this zone could push the price toward the next support around 75,500, which is the expected target for this move. Risk is clearly defined with a tight stop loss above resistance, making this a short-term sell opportunity based on intraday price action.
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Trade Levels
Sell From: 76,700
Stop Loss: 77,800
Target: 75,500