BTCUSD SELL SETUP!

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.