Relief Rally Into Key Resistance Before Continuation DownBTCUSDTPERP PERPETUAL MIX CONTRACTBITGET:BTCUSDT.PRickidouCryptoBTC/USD – Potential Relief Rally Into Key Resistance Before Continuation Down Price is currently sitting at 74,430 after a sharp sell-off, bouncing near the VAL (Value Area Low) of the visible range. I'm anticipating a short-term relief rally that could push price back up into key resistance levels before a potential continuation to the downside. 📍 Key Levels & Take Profit Targets: TP1 – 75,575 → POC (Point of Control) — first area of interest for sellers to step back in TP2 – 76,300 → VAH (Value Area High) — strong confluence with the 0.5 Fib retracement (76,202) TP3 – 77,000 → CME Gap fill zone — confluent with the 0.618 Fib level (76,8xx) Last TP before DUMP – 78,450 / 78,800 → 0.786 Fib retracement, near the top of the range (78,735) — this is where I expect distribution and a significant rejection 📐 Structure: Price is moving within a descending channel (dashed lines). Any bounce is likely to be contained by the upper trendline, which aligns well with the resistance levels above. The Volume Profile on the left shows a clear node around the POC/VAH area, reinforcing these as high-probability reaction zones. 🎯 Bias: Short-term bullish (relief rally), medium-term bearish (expecting a dump after the last TP zone is tapped). ⚠️ Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, including the possible loss of capital. Always do your own research (DYOR) and consult a licensed financial advisor before making any trading decisions. Past performance is not indicative of future results.