#BTCUSD 1H Outlook!
BTCUSD has completed a CHoCH to the downside after tapping the equal highs, indicating a potential bearish shift in structure. Price is currently trading below the key intraday level, suggesting weakness.
We’re expecting a pullback into the 1H supply zone before continuation lower, as liquidity above has already been swept and downside targets remain open.
Best Sell Zone: 70,800 – 71,200
Target 1: 69,000
Target 2: 66,000
SL: Above 71,600
Watch for bearish price action confirmation (rejection / lower high) inside the supply zone before entering the short.
