BTCUSD SELL SETUP!
Bitcoin has reached a major resistance zone around 80,800 while trading inside a rising channel. Price is also testing the upper trendline, increasing the probability of a bearish rejection.
The current structure suggests weakening bullish momentum near resistance.
We are considering selling BTCUSD ONLY if price gets rejected below the highlighted resistance zone; Target 1: 76,000
Target 2: 72,500
Target 3: 69,000
Invalidation: A strong breakout and daily close above 83,000 could continue the bullish move higher.
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