BTCUSDT Liquidity Sweep at Highs | Bearish Rejection from Supply

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BTCUSDT Liquidity Sweep at Highs | Bearish Rejection from SupplyBitcoin / TetherUSBINANCE:BTCUSDTGullu_FxBitcoin (BTCUSDT) is currently reacting from a key higher timeframe supply zone after a strong bullish push, showing signs of a potential liquidity grab and bearish reaction. 🔍 Market Structure Insight: Price formed a strong bullish impulsive move, breaking internal structure (BOS). A Change of Character (ChoCH) was seen earlier, shifting momentum bullish. Recent move tapped into a weak high / liquidity zone, where sellers are stepping in. Price is now reacting from a marked supply zone, indicating possible distribution. 📉 Current Scenario: A liquidity sweep above equal highs suggests smart money taking buy-side liquidity. Rejection from the supply zone hints at a short-term bearish pullback. Internal structure is weakening, showing potential for downside continuation. 📈 Trade Plan: 🔴 Sell Scenario (Preferred): Entry Zone: 78,400 – 78,700 Stop Loss: Above 78,800 Targets: TP1: 77,600 TP2: 77,300 TP3: 77,000 🟢 Buy Scenario (Alternative): If price holds above demand and breaks higher: Entry after breakout & retest above 78,800 Target continuation towards 79,500+ ⚠️ Key Levels to Watch: Resistance: 78,700 – 79,000 Support: 77,300 – 77,000 🚀 Expectations: Price may: Complete a pullback after liquidity grab Tap into lower demand zones Then decide continuation (either reversal or deeper correction) ⚠️ Risk Management: Wait for confirmation (candlestick + structure) Avoid chasing the move Manage risk strictly (1–2% per trade) 💡 Conclusion: BTC is at a critical zone where liquidity has been taken at the top, and a short-term correction is likely before the next major move. Smart entries with confirmation can provide high-probability setups.