$BTC /USDT (1H) - Supply Retest Short
Bias: Short
Entry (Zone): 65,900 – 66,800
Targets:
TP1: 64,500
TP2: 63,800
TP3: 62,200
Stop Loss: 67,300
Why this Setup:
I’m treating this as a short into supply because BTC is currently trading around 65,944 after a sharp rebound, and price is now pushing back into a resistance area where previous selling pressure showed up. The bounce is strong, but I still see it as a corrective move unless BTC can reclaim and hold above the upper part of this zone with real momentum. Right now, the structure still looks heavy near resistance, and if sellers keep absorbing upside attempts, I expect a rotation back toward lower support levels first before any stronger recovery attempt.