$BTC Facing Strong Rejection — Shorts Still Make More Sense


Short Trade Signal (Day Trade):

Sell Zone: 88,600 – 89,400

TP1: 87,200

TP2: 85,900

TP3: 84,500

SL: 90,800

Leverage: 20–40x (risk 1–2%)

Open Trade in Future👇🏻

Spot Traders:

No aggressive spot buying yet. Safer spot accumulation only near 84,500 – 82,000 if price stabilizes.

Why This Trade:

$BTC is trading below major daily resistance and continues to struggle under the broader descending trend structure. On the daily chart, price remains capped below key resistance near 89.5k – 90k, which has already rejected price multiple times. This tells us sellers are still defending this zone aggressively.

On the 1H chart, the recent bounce from 84.4k looks more like a relief move rather than a trend reversal. Volume during the bounce is weaker compared to the previous sell-off, showing lack of strong buying interest. This increases the probability of another move lower once price retests resistance.

Market sentiment is also mixed to bearish in the short term, with traders cautious after sharp volatility. Until BTC reclaims and holds above 90k with strong volume, upside remains limited and risk favors shorts.

Key Levels to Watch:

Resistance Zones: 88.6k – 89.4k, 90.0k – 90.3k

Support Zones: 87.2k, 85.9k, 84.5k

Bias stays short below resistance. A clean daily close above 90k would invalidate this setup — until then, rallies are selling opportunities. If you’re not following Token Talk, you’re seriously trading without structure.

#BTC #FedRateCut25bps
BTC1.97%
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BTC
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MC:$3.42KHolders:2
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