$BTC — Bearish Continuation Short Setup
$BTC has broken below a key support and is showing clear continuation weakness after repeated rejection. Price was rejected again from the 96.8k–97.1k resistance zone and failed to reclaim 95.4k decisively. The sell-off came with strong bearish candles and downside volume expansion, confirming seller control.
There is no meaningful bounce response yet, suggesting buyers remain passive and rallies are being sold rather than dips being bought.
Trade Setup (SHORT)
Entry: 96,100 – 96,400
Stop Loss: 97,200
Targets:
• TP1: 95,400
• TP2: 94,700
Bias:
As long as price stays below 96.5k, downside continuation remains the higher-probability scenario rather than a relief bounce.
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