BTC Short Setup – Watching for a Deeper Pullback 📉
BTC is approaching a major confluence resistance zone around 80.6k – 85.1k.
This area aligns with:
0.382 Fibonacci retracement
Previous breakdown resistance
200 EMA + AVWAP resistance cluster
As long as price remains below this red supply zone, I’m leaning bearish in the short term.
Bearish Scenario
Expecting a rejection from the highlighted resistance and a move toward the green demand zone near:
0.618 Fib: 71.7k
0.65 Fib: 71.1k
This area could become the next major liquidity sweep and potential reversal zone.
Key Levels
Resistance: 80.6k → 85.1k
POC / VAH support: 78.6k area
Main target: 71k – 72k zone
Invalidation: Strong daily close above 85k
The yellow path illustrates the projected move, but confirmation is still needed. Watching for rejection candles and weakening momentum before entering.
Trade safe and manage risk properly.
#BTC #Bitcoin #Crypto #TradingView #BTCUSDT #TechnicalAnalysis #ShortSetup #CryptoTrading
BTC is approaching a major confluence resistance zone around 80.6k – 85.1k.This area aligns with:
0.382 Fibonacci retracement
Previous breakdown resistance
200 EMA + AVWAP resistance cluster
As long as price remains below this red supply zone, I’m leaning bearish in the short term.
Bearish Scenario
Expecting a rejection from the highlighted resistance and a move toward the green demand zone near:
0.618 Fib: 71.7k
0.65 Fib: 71.1k
This area could become the next major liquidity sweep and potential reversal zone.
Key Levels
Resistance: 80.6k → 85.1k
POC / VAH support: 78.6k area
Main target: 71k – 72k zone
Invalidation: Strong daily close above 85k
The yellow path illustrates the projected move, but confirmation is still needed. Watching for rejection candles and weakening momentum before entering.
Trade safe and manage risk properly.
#BTC #Bitcoin #Crypto #TradingView #BTCUSDT #TechnicalAnalysis #ShortSetup #CryptoTrading
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.