$BTC appears stretched, indicating distribution near recent highs. 📉

SHORT $BTC

Entry: 95.0k – 95.6k
SL: 97k
TP1: 93.8k
TP2: 92.5k

Bitcoin is stalling around its highs, exhibiting weak follow-through and repeated rejections. On lower timeframes, we observe absorption on upward pushes, momentum rolling over, and price struggling to sustain above supply levels. As long as this resistance holds, a pullback towards lower liquidity zones is probable. 🧐

Trade $BTC here 👇
(BTCUSDT)