$BTC REJECTED AT RESISTANCE – SHORT BIAS REMAINS INTACT 🔴
Entry: 59,300 – 59,500 🔥
Target: 58,900 🚀
Stop Loss: 59,970 ⚠️
Price failed to reclaim the resistance zone after a decisive bearish move, leaving the structure firmly in favor of sellers. The rejection is clean with no signs of absorption at current levels, so the path of least resistance points lower.
If 59,300 gives way, expect a quick sweep toward 58,900 and potentially 58,500. Are you shorting the breakdown or waiting for a retest of the zone?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Rejection #Resistance
🔥
Entry: 59,300 – 59,500 🔥
Target: 58,900 🚀
Stop Loss: 59,970 ⚠️
Price failed to reclaim the resistance zone after a decisive bearish move, leaving the structure firmly in favor of sellers. The rejection is clean with no signs of absorption at current levels, so the path of least resistance points lower.
If 59,300 gives way, expect a quick sweep toward 58,900 and potentially 58,500. Are you shorting the breakdown or waiting for a retest of the zone?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Rejection #Resistance
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