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hey! let me break down $BTC #BTCUSDT on the 1h for you real quick 🔍
- expecting price to FALL in the short term, bias is short 🚨
- first target is the 76,240 zone (imbalance/fvg), with possible extension to 74,821 (strong demand and most recent swing low)
- ideal short entry is on a retest and rejection at 77,988–78,333 (supply and fvg above), look for bearish engulfing or rejection wicks for confirmation
- take profit at 76,240, partials at 74,821 if momentum continues
- if price reclaims and holds above 78,333 with bullish momentum, short bias is invalid and I'd expect a push toward 79,472 (most recent high)
- no long setups until a sweep/manipulation below 74,821 with strong reversal confirmation