$BTC (1h) - Bearish Rejection


Bias: Short
Entry (Zone): 62,300 - 63,100
Targets:
TP1: 61,300
TP2: 60,200
TP3: 58,900
Stop Loss: 64,050
Why this Setup:
I see price failing to hold above the recent breakdown area, and I want to fade any weak bounce back into this supply zone. The move has already lost momentum, so I’m looking for continuation lower toward the nearest liquidity pockets below recent intraday lows.
BTC-3.61%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments