$BTC Price Action: The market is in a downward correction after hitting a resistance area.

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📊 Key Marked Zones and Concepts

1. High Higher (Left Side):

Indicates previous higher high formed in an uptrend structure.

2. Demand Zone (Below High):

Area where buyers previously stepped in strongly.

Likely a bullish order block or accumulation zone.

3. BOS (Break of Structure):

Two BOS points are marked, confirming market structure breaks:

Left BOS: Marks transition from uptrend to a possible downtrend.

Right BOS: Confirms shift again or continuation of downward correction.

4. FVG (Fair Value Gap):

Indicates an imbalance in price action.

Price may revisit this zone to "fill the gap."

5. Resistance (Top Right):

Price reached this level and is rejecting downward.

Could be a short-entry zone, as indicated by the red-to-green risk box (risk-to-reward trade setup).

6. Support (Bottom):

A larger green support block exists far below current price (~$91,000–$82,000).

Possibly a target area for longer-term bears.

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🎯 Trade Setup Visible

Short Position Active:

Entry near resistance zone (~108K–110K).

Stop-loss above resistance (~115K).

Take-profit near $102,760 or lower, aligned with BOS and demand area.

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🧠 Interpretation

This analysis shows that:

The trader expects BTC to drop from the resistance zone.

The bearish BOS and FVG support a retracement or reversal.

Targeting a deeper correction toward support or earlier demand zones.