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$BTC declined at $79,000 and sets a bearish trap toward the $76,000 support
Entry: $76,500โ$76,650 โก
Target: $76,050 โ $75,550 โ $75,000 ๐
Stop loss: $77,050 โ ๏ธ
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$BTC continues printing lower highs after the rejection at $79k, and sellers are now steering the price toward the $76k support zone. The structure on the 1-hour chart looks like a slow grind, where each rebound gets sold faster than the previous one.
This is a short-sell trade built on momentum, not hope: entering around $76,500โ$76,650 targets $76,050 and $75,550, then $75,000, with the idea invalidated if price breaks above $77,050. Meanwhile, $PONS and $SAGA have been taught as alternative rotation plays while the big players bleed. Are you trading the bounce (betting it drops) or waiting for a break of $75k? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
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#BTC #ShortSetup #Bitcoin #Crypto #AltRotation