$BTC – Supply zone approach with upside conviction showing signs of deterioration



Trade Setup: Short $BTC

• Entry Zone: 74880 – 78720

• Target 1: 73000
• Target 2: 70600
• Target 3: 68200

• Stop Loss: 80250

Price action is advancing into a significant supply region where seller response historically intensifies, while the recent upward push appears increasingly stretched. Continuation is no longer registering clean expansion, and the structure suggests demand is being absorbed near the resistance boundary. Should the asset fail to breach this zone with genuine strength, a rejection has the potential to evolve into a broader downside rotation toward lower support levels.

Just click trade here 👇 ‌
BTC-0.94%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin