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$BTC (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 73,850 - 74,050
Targets:
TP1: 73,200
TP2: 72,650
TP3: 72,100
Stop Loss: 74,520
Why this Setup:
I’m treating the 74k area as the key rejection zone because it lines up with prior breakdown resistance and the current bounce is still underneath it. I want to fade weakness here for a move back toward the recent support levels, and I’d only abandon the idea if price starts reclaiming 74k with real momentum.