$BTC
BTCUSDT
Perp
85,872.5
-3.91%
currently consolidating just below the main resistance zone after a strong recovery from the low demand area................
The price is exhibiting fluctuations near this supply level, with multiple candles unable to break and hold above the resistance...................
This behavior indicates that bullish momentum is exhausting itself and opens the door for a short-term corrective move back to the lower support level.................
Trade Setup
Entry Range: 89,800 – 90,100
Target 1: 89,200
Target 2: 88,700
Target 3: 88,100
Stop Loss: 90,500
