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$BTC BTCUSDT (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 62,050 - 62,200
Targets:
TP1: 61,500
TP2: 61,100
TP3: 60,650
Stop Loss: 62,700
Why this Setup:
I’m fading the bounce into resistance after the recent selloff, and I want to see price reject back below the 62k area before the next leg lower. The intraday trend still looks weak, so I’m aiming for a continuation move toward the recent lows if momentum rolls over again.