Price is approaching a local resistance zone with weak follow-through after a bounce, indicating potential rejection. Structure suggests a lower high forming, favoring downside continuation.
As long as price remains below 0.305, the setup supports a move toward lower support levels.
Price is trading near a key resistance zone after a push, showing weak continuation and signs of exhaustion. Structure suggests a potential lower high, favoring downside movement.
As long as price stays below 0.680, the setup supports continuation toward lower support levels.
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Price is approaching a local resistance zone with weak upside continuation, indicating potential rejection. Structure suggests a lower high formation, favoring downside movement.
As long as price remains below 0.0275, the setup supports a continuation toward lower support levels.
Breakdown Continuation on $BTC /USDT …! Bearish Projection Setup
Short $BTC /USDT (Intraday / Swing) Entry: 78,500 – 79,200 (rejection / lower high zone) SL: 80,500
TP1: 75,200 TP2: 71,500 TP3: 68,000 🔻
Price is showing a clear bearish projection with lower highs forming and downside targets aligning step by step. The move from 79.2K suggests distribution and potential continuation lower.
As long as price fails to reclaim highs, structure favors a move toward 75.2K first, followed by deeper liquidity at 71.5K.