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$BTC (1h) - Bearish Continuation Pullback
Bias: Short
Entry (Zone): 61,600 - 62,050
Targets:
TP1: 60,600
TP2: 59,450
TP3: 58,200
Stop Loss: 62,650
Why this Setup:
I’m seeing a short-term downtrend with lower highs still controlling price, and I want to fade any recovery into the 61.6k to 62.0k resistance area. I’ll look for continuation lower as long as price stays below that reclaim zone, with downside momentum likely to retest the recent swing lows.