BTC is watching for a price rebound to the 65,500–66,000 range (and the prior small platform resistance level). If there are lagging signals such as a long upper wick or a bearish engulfing after, then set up a short position.



First target: 64,990 (the recent spike-in low and integer level test)

Second target: 64,670 (if there is a valid break below the previous low, it will further probe the long-term support level)

Defense is placed at: above 65,300 (if there is a breakout with volume and it holds above that level, it indicates the short-term bearish trend has been broken—exit and stop loss)

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ShuranR
· 07-27 02:42
BTC is watching a price rebound to the 65,500 - 66,000 range (and the prior small platform resistance level). If there are lagging slowdown signals such as a long upper wick or a bearish engulfing pattern, set up short positions.

First target: 64,990 (the recent needle-push low and an integer-level test)

Second target: 64,670 (if there is a valid breakdown below the prior low, it will further probe deeper toward long-term support)

Defense placed at: above 65,300 (if there is a breakout with increased volume and it holds above this level, it indicates the short-term bearish trend has been broken; cut losses and exit)

$BTC $ETH
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