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$BTC (H1) - Bearish Rejection Short
Bias: Short
Entry (Zone): 64,250 - 64,500
Targets:
TP1: 63,350
TP2: 62,600
TP3: 61,900
Stop Loss: 64,980
Why this Setup:
I’m looking to sell a rejection into the 64.3k to 64.5k resistance area after the recent rebound stalled beneath prior supply. I expect momentum to fade there and price to rotate back toward the lower intraday support zones if buyers fail to reclaim the highs.