BTCUSD Short Setup Rejection from Major Resistance Targeting 89k

4月30日

This BTC/USD chart shows a clear sell bias as the price repeatedly fails to break above a major resistance zone marked near the $95,500 level. Multiple rejections (highlighted with red arrows) indicate strong selling pressure. The suggested path shows a potential drop toward the 1st target around $91,530, and if momentum continues, further decline toward the 2nd target near $89,000, which aligns with a broader support zone.


Entry Zone:
Between $94,800 – $95,300 (inside the major resistance zone)

Stop-Loss (SL):
Just above the resistance zone, around

Take Profit Levels (TPs):
TP1: $93,200 – First minor support zone (lock partial profits, move SL to entry)

TP2: $91,500 – Key horizontal support (major reaction zone, good for larger partials)

TP3: $89,200 – Close to the lower support zone (final target for full exit)

This setup offers a solid Risk-Reward Ratio of approximately 1:2.5 to 1:3, depending on exact entry.

4月30日

交易進行

1ST TARGET HIT 93,200 MINOR SUPPORT ZONE LOCAL PARTIAL PROFIT