$BTC USDT (1h) - Aggressive Sell-off & Bearish Flag Consolidation


Bias: Short
Entry (Zone): 76,900 – 77,400
Targets:
TP1: 76,200
TP2: 75,500
TP3: 74,800
Stop Loss: 78,150
Why this Setup:
I’m leaning short after an aggressive, high-volume sell-off that completely shattered previous support levels, sending the price down to a local low of 76,587.8. The subsequent attempts to bounce have been very weak, forming a low-volume consolidation flag right at the bottom of the range. With sellers heavily in control and previous support flipping into strong overhead resistance, I expect a rejection from this tight consolidation to trigger a continuation breakdown below the 76,587.8 level.

#GateSquareMayTradingShare
BTC-2.13%
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