BTC 1H: Rejection at Supply, Bearish Continuation RiskBitcoin / USDBINANCE:BTCUSDKingProTraderChart Analysis (1H BTC/USD): Major Supply Zone (~90,000–90,200): Price was strongly rejected from this area, confirming it as a key overhead resistance. Sellers remain active here. Fair Value Gap (FVG) / Mid Resistance (~89,000–89,500): The red FVG zone above current price acts as a likely pullback target, but also a strong sell zone if revisited. Current Structure: After the rejection, BTC broke down and is consolidating below short-term EMAs, indicating bearish momentum on the 1H timeframe. Key Support Zones: Near-term demand: ~86,700 Major downside target: ~84,600 Loss of the 86.7k support increases probability of a deeper move toward 84.6k. Projected Path: The dotted projection suggests a possible pullback into resistance (87.8k–89k) followed by continuation lower, unless price reclaims and holds above the FVG. Bias: Below 89k: Bearish / sell rallies Above 90.2k: Bearish bias invalidated, trend may shift bullish Market Context: Overall bearish bias below 89,000, looking to short pullbacks into resistance. 📉 Scalp Short – Preferred Entry zone: 88,700 – 89,200 (FVG + EMA confluence) Stop loss: 90,250 (Above major supply & liquidity) Take Profit targets: TP1: 87,500 TP2: 86,700 RR: ~1:2 to 1:3 Confirmation (5–15m): Bearish engulfing / rejection wick Lower high formation EMA 9 rejection 🔹 Swing Trade Plan (1H–4H) 📉 Primary Swing Bias: Bearish Continuation Swing Short – Ideal Setup Entry: 88,800 – 89,500 (FVG + range high) Stop loss: 90,300 Targets: TP1: 86,700 TP2: 84,600 RR: ~1:3 to 1:5 This aligns with: Supply rejection Unfilled downside liquidity EMA bearish alignment