$BTC
🔻 BTC REJECTION ZONE SPOTTED! | SELL SETUP IN PLAY 🔻
📉 BTCUSDT is once again tapping into a danger zone — and the confluence here is undeniable!
Let’s break down why this could be a high-probability short setup:
🔍 Technical Breakdown:
📌 Fib Strong Sell Level – Price has just reached a major Fibonacci retracement zone. Historically, this zone has acted as a powerful reversal level.
💣 VSA Strong Sell Signal – Volume Spread Analysis is flashing clear weakness at the highs, suggesting smart money distribution is in progress.
📈 Bearish Trendline Pressure – The downtrend resistance is intact, and price is failing to break above. Sellers are defending the level with strength.
🎯 Potential Play:
Entry Zone: $102,750 – $103,150 (Current resistance supply zone)
Target: $101,700 and potentially lower
Stop Loss: Above $103,200 (clear invalidation)
⚠️ Risk Management Reminder:
Smart setups need smart stops. Don’t chase — wait for confirmation. Let the volume and price action speak.
📌 Follow The Knowledge Node for more advanced BTC forecasts, technical breakdowns & real-time setups!
🧠💹 Master the market, one node at a time.
Disclaimer:
This post is for educational purposes only. It is not financial advice. Always conduct your own analysis and risk management before trading.
#Bitcoin #BTC #CryptoForecast #TechnicalAnalysis #VolumeSpreadAnalysis #TheKnowledgeNode #Binance #BTCUSDT #CryptoTrading #PriceAction