Lingrid | BTCUSDT Selling Opportunity from Key Resistance Level

perfectly played out my previous trading idea. The market has reacted sharply from the resistance near 97,700, where price was rejected along the rising red trendline. That rejection marked a clear failure to sustain bullish momentum, followed by a breakdown back below the mid-range structure. The move lower also occurred after a compression breakout, suggesting trapped late buyers rather than fresh strength.

As long as remains capped below the 90,000 level, downside pressure could continue toward the 85,000–84,500 support zone, where prior demand and the lower boundary of the structure converge. This area may act as a short-term downside target if sellers maintain control and rebounds remain shallow.

➡️ Primary scenario: rejection below 90,000 → continuation toward 84,500.
⚠️ Risk scenario: a strong reclaim and close above 91,000 could weaken the bearish setup.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

Trade chiuso: obiettivo raggiunto

😋 For profit - JUST FOLLOW MY SIGNAL
+7% - perfect

Lingrid

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Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j