$BTC

🚨 Trap or Breakout? BTC at the Edge of a Major Rejection Zone!

📍 We’ve pushed into the Quasimodo Strong Sell Level, right after a clean break of the trendline and bounce from the buy zone. But don’t get caught chasing — this is where Smart Money unloads.

🧠 The market just rallied into a high-probability distribution zone — and it’s flashing red.

This isn’t strength — this is a bull trap in disguise.

🔍 Why I’m Bearish at This Level:

✅ Price tapped into a previously unmitigated Quasimodo supply zone

✅ Trendline break was clean — but liquidity grab may be complete

✅ No volume continuation above $104,180 — signs of absorption

✅ Wicks are stacking up = hidden selling pressure

✅ Strong rejection history at this level — Smart Money has sold here before

📊 Bearish Scenario in Play:

🎯 Target Zone: $103,330 (Back into Quasimodo Buy Region)

🛡️ SL Above: $104,620

💥 Risk/Reward: Highly asymmetric — short setups here are textbook

⚠️ This is where emotions run hot — but logic wins trades. If you're long here, you're swimming against the current.

📉 Expect pullbacks. Watch for a lower high. And be ready to strike.

💬 Drop a “👀” if you're tracking this rejection live!

✅ Like | 🔁 Share | 🔔 Follow for no-BS setups backed by institutional structure, not guesswork.

Disclaimer:

This post is for educational purposes only. It is not financial advice. Always do your own analysis and manage risk appropriately before trading.