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$BTC dropped aggressively from the $78.6K rejection zone and is now stabilizing around $77K after sweeping lower liquidity near $76.5K. Current price action shows hesitation from sellers, while buyers are attempting to defend the short-term range.
This area becomes critical — either $BTC reclaims momentum above nearby resistance, or another volatility wave hits the market.
TRADE SETUP (LONG)
Entry: $76,850 – $77,100
TP1: $77,750
TP2: $78,300
TP3: $79,000
SL: $76,350
MARKET OUTLOOK
BTC is currently sitting in a reaction zone after a sharp flush. Holding above $76.5K keeps recovery potential alive, while reclaiming $77.8K could restart bullish momentum. Failure to hold support may reopen downside pressure toward deeper liquidity levels.
Buy now and trade here on $BTC
#TradfiTradingChallenge