$BTC /USDT – Bulls Push Back, Resistance Near $85.1K Still Key

Bitcoin is trading at $85,032 with a +0.98% daily gain, pushing toward the $85,159 resistance level. The 1H chart shows a strong recovery, but multiple rejections near $85.1K hint at overhead pressure.

Current Price: $85,032.67

24H High / Low: $85,159.48 / $83,275.00

24H Volume: 16,206 BTC | 1.37B USDT

Short Trade Plan:

Entry Zone: $85,050 – $85,140

Final Target: $83,650

Stop Loss: $85,300

Why This Setup Makes Sense:

Repeated failure to close above $85.1K suggests this is a key resistance zone. Volume spikes on rejection candles reinforce the sell-side pressure.

Risk Tip:

Use tight SL. Wait for bearish engulfing confirmation below $85K for better entry.

Short $BTC

around resistance before the next dip kicks in!

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