#BREAKING
$BTC — Dead Cat Bounce Into Resistance
Short $BTC
Entry: 68,500 – 69,200
SL: 70,300
TP1: 66,800
TP2: 64,900
TP3: 62,500
The bounce lost momentum quickly and ran into supply on the first real test of resistance. Sellers stepped in early, which suggests this move is corrective, not the start of a new trend.
Momentum is rolling over again, and price is failing to gain acceptance above this zone. As long as buyers can’t reclaim and hold these levels, downside continuation remains the higher-probability path.
Trade $BTC here
BTCUSDT
Perp
65,780
-2.95%
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