$BTC $BTCUSDT | 4h | Bearish Rejection


Bias: Short
Entry Zone: 63250 to 63420
Stop Loss: 64180
Targets:
TP1: 62520
TP2: 61980
TP3: 61280
Invalidation:
Close above 63750
Why This Setup:
I’m seeing a clean rejection from the 64k supply area after a sharp breakdown from the recent range high. The structure is favoring continuation lower while price trades back under the broken support, with downside liquidity clustered near 62.5k and then 61.2k.
BTC-1.37%
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
  • Pinned