$BTC ‌ 1H Setup 📉



BTC is looking cautiously bearish on this chart. Price bounced from $76,264, but the 1H structure is still below the Supertrend at $77,894, so I’d rather wait for a rejection than chase the current bounce.

Preferred Setup: SHORT

Entry: $77,400–$77,800
SL: $78,150
TP1: $76,800
TP2: $76,264
TP3: $75,600

Why this setup makes sense

• $77.4K–$77.9K is the key resistance area
• Supertrend remains bearish at $77,894
• Price is making a recovery, but hasn't reclaimed the bearish trend yet
• $76,264 is the key support and recent swing low
• A rejection around $77.5K–$77.9K would give the cleaner short setup

I wouldn't short blindly at the current price either. Let BTC come into resistance and show rejection first.

Bullish invalidation: A strong 1H close above $77,900–$78,000 would weaken the short setup. If BTC reclaims that zone and holds it on a retest, I'd switch to looking for longs.

Cleanest play here: patience > FOMO.

#StockNewUserBonus #RedBullTradingTourSeason6 $DELL
BTC0.18%
DELL15.92%
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DiamondHandsGym
· 20 minutes ago
Waiting for a wick around 77.5K is safer; chasing longs now could easily leave you trapped.
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LidoTimeKeeper
· 32 minutes ago
Supertrend has not turned bullish yet, so there’s really no need to rush.
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MultiSigButler
· an hour ago
If 76264 breaks, there is still plenty of room below.
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CatCoinWatcher
· an hour ago
The key is whether it can close above 77,900; if it can’t, short it.
View OriginalReply0
FolkProphet
· an hour ago
My current state: staring at the chart, finger hovering over the short button, waiting for a rejection signal
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YieldOracle
· an hour ago
The risk-reward ratio on this trade is acceptable, but strictly follow the stop-loss—if 78150 breaks, don't stubbornly hold.
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MaWeaver
· an hour ago
Patience > FOMO—this is so true. So many people have been burned by rushing into trades.
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OIScout
· an hour ago
The 77.4–77.8 range has been left unfilled countless times; continuing to wait here this time.
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