$BTC | 1H | SELL SETUP |Bitcoin / TetherUSBINANCE:BTCUSDTcoinpediamarketsHey traders 👋 What are your thoughts on BTCUSDT right now — are we due for a bounce or is more downside coming? BTC is showing a range/rejection setup after getting turned away inside the $78,409–$78,790 selling order block. This kind of pattern typically signals that sellers are still active at higher levels and that the recent bounce may be running out of steam rather than starting a fresh leg up. The key level here is $78,392. This is the trigger that decides everything — it's acting as the line between a bearish continuation and a potential shift in momentum, so keep this price on your radar. In the short term, price looks likely to keep testing this supply zone. If the order block keeps holding, we could see another rejection and a push back toward the downside targets. If buyers manage to absorb the selling pressure though, a breakout attempt through the zone becomes more likely. On the bullish side, a confirmed reclaim and hold above $78,392 would invalidate the short setup. That kind of move could open the door toward $78,790 and then $78,892, giving longs room to work with. On the bearish side, as long as BTC stays below $78,392, the downside structure remains active. A failure to reclaim that level keeps $77,187 in play as the first target, followed by $75,892 and then $75,598 as deeper support zones. The $78,892 level also works as the invalidation point for this bearish view. Let me know what you think — drop a like and share your take in the comments. Good luck with your trades ❤️