$BTC – Resistance rejection potential with downside targets positioned for deeper pullback



Trade Setup: Short $BTC

• Entry Zone: 62,700 – 62,900

• Target 1: 62,300
• Target 2: 61,900
• Target 3: 61,000

• Stop Loss: 63,350

Price action presents a positioning window near resistance, where a rejection holds the potential to trigger a deeper pullback. Exercise strict risk management throughout the trade. Risk parameters are defined above the supply zone at 63,350, providing protection should the bearish scenario fail to develop as anticipated.

Just click trade here 👇 ‌
BTC-0.87%
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
  • Pinned