Bias: Bearish continuation
Timeframe: 15 Minutes
Market: Bitcoin / U.S. Dollar (BTCUSD)
🔍 Technical Reasoning
Lower High Structure
Price failed to create a higher high and formed a clear lower high, confirming short-term bearish structure.
Supply / Resistance Zone
Price has retraced into a previous supply zone (88,800 – 89,400) where sellers were active before the strong breakdown.
This area aligns with prior consolidation → strong resistance.
Break & Retest Behavior
Sharp impulsive move down followed by a weak pullback, indicating corrective price action rather than reversal.
Trendline Support Below
Upside is capped while downside targets sit near a rising trendline, offering a logical profit-taking zone.
📌 Trade Plan
Entry: 88,800 – 88,900 (sell on rejection)
Stop Loss: 89,450 (above supply & invalidation)
Target: 88,000 – 87,800 (trendline support
