$BTC USDT SHORT TRADE SIGNAL💥🔥
$BTC printed a strong impulsive rally from the 63K base toward the 70K psychological resistance, followed by clear rejection with a long upper wick near 69,999. After the spike, price shifted into a lower high structure and is now consolidating below the 69K supply zone on the 1H timeframe.
The recent bounce failed to reclaim the previous high, showing weakening bullish momentum and potential distribution near resistance. As long as price remains capped below the 69K–70K region, downside continuation is favored.
Trade Setup:
Short Entry: 68,200 – 68,800
TP1: 67,200
TP2: 66,200
TP3: 65,000
SL: 69,900
Patience is key — avoid entering after extended red candles and wait for minor pullbacks into resistance for optimal risk-reward.
Market Outlook:
Short-term bias turns bearish while price trades below 69K resistance. A breakdown below 67K would accelerate selling toward 65K liquidity zone. Invalidation occurs on a strong 1H close above 69,900, which would signal renewed bullish strength and potential breakout continuation.
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