🚨 $BTC : Potential Short Setup as Resistance is Hit 📉

The current price action for $BTC shows it approaching a significant resistance zone around $90,500. Long upper wicks on the charts suggest that sellers are actively defending this level, indicating potential downward pressure.

The 15-minute Relative Strength Index (RSI) is showing signs of weakness, declining from overbought territory. This could signal a depletion of buying momentum and an upcoming corrective dip.

Trade Plan: Short 🔴

Entry Zone: 89,600 - 90,100

Take Profit Targets:
🎯 TP1: 88,300
🎯 TP2: 87,100
🎯 TP3: 86,200

Stop Loss: 90,700

Technical analysis on the H4 and H1 charts points to strong selling pressure at this resistance. The weakening RSI on the 15m chart supports the idea of an impending move towards lower EMA support levels.

(BTCUSDT)