BTC/USDT - Major Rejection from Supply Zone
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Description
Setup OverviewBTCUSDT
BTC/USDT has faced a strong rejection from the upper resistance / supply zone near the recent highs. Price has broken below the rising trendline, signaling a shift in short-term market structure from bullish to bearish. Failure to reclaim the trendline keeps sellers in control.
Trading Plan
Bearish Scenario (Primary Bias)
Sell Zone: Below the broken trendline & previous support
Target 1: 89,030 (1st Support)
Target 2: 87,520 (2nd Support – liquidity area)Confirmation: Weak bullish candles + rejection from trendline retest
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️ Disclaimer
This analysis is for educational purposes only.
Crypto markets are highly volatile — always manage risk and use stop-losses. -
Strong rejection confirmed — supply still dominant here.
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BTC needs a clean reclaim before bulls regain confidence.