Post
Bearish

I’m watching $BTC for a short here.



BTC bounced hard from the $76.5K area, but now price is pushing back into the $77.3K–$77.5K resistance zone. The recovery is strong, so I’d rather wait for rejection instead of chasing the short blindly.

Entry: $77,300–$77,480

Targets:
TP1: $77,050
TP2: $76,800
TP3: $76,500

Stop: $77,650

For me, $77.5K is the key level. As long as BTC struggles below it, I’m watching for another pullback. A clean 1H reclaim above that zone would invalidate the short idea.

#CoinDeskRevealsGateRWAPerpetualsTop3Globally #AugustCoreCPIBeatsExpectations
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StakingSleeper
7 minutes ago
The stop-loss at 77,650 was cleverly set, just outside the common range for false breakouts. Learned something.
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AutoTrader
13 minutes ago
The key levels and strategy are clear; the 1H candle close will determine the outcome. Execute the plan with maximum discipline.
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DefiFarmer
21 minutes ago
TP3 at 76.5K was a bit greedy; scaling out in batches to lock in profits is safer, right?
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SeedSmith
23 minutes ago
CPI has just been released and the market is highly volatile. This trade is well-timed—good luck.
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FirewallMaxi
27 minutes ago
First Review
Shorting the market now can indeed easily get caught in a rebound. Wait until the structure breaks down before entering, and have the patience to endure the solitude.
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