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📊 #BTC Today’s Focus: Failed Rebound
🧠 Structure Analysis
*Downtrend channel: the higher highs keep getting lower, and the lower lows keep getting lower
*Support turns into Resistance: 77200
*A bearish candle with increased volume: searching for liquidity below: 74700
👉 Downward structure during a weak rebound
📌 Key Levels
🔼 Resistance: 77200-76900 (trendline)
🔽 Support: 74700, 73400
💰 Trading Ideas
🟢 Long: reclaim 77200-76900; a fake breakdown of 74700 to form a 2B
🔴 Short: break below 74700; 76900 faces rejection