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I’m watching $BTC for a short here.
BTC had that sharp rejection from nearly $79.9K and has been moving sideways around $77K since. The 1H chart still looks heavy, and unless buyers can reclaim the $77.5K area, I’d rather look for weakness than chase a bounce.
Entry: $77,250–$77,400
Targets:
TP1: $77,000
TP2: $76,750
TP3: $76,300
Stop: $77,650
For me, $77.5K–$77.6K is the key zone. Staying below it keeps the short idea valid. A strong reclaim above that area would make me step aside.
#CoinDeskRevealsGateRWAPerpetualsTop3Globally #AugustCoreCPIBeatsExpectations