Bearish Rejection at Key ResistanceBTCUSDT Perpetual ContractBYBIT:BTCUSDT.Pbullstraders7Market Overview: Bitcoin (BTCUSDT) has shown a massive bullish rally recently, but it is now approaching a critical psychological and technical resistance zone around $82,000. The current market structure indicates that this pump is overextended, and a correction is highly likely from the upper liquidity pools. Trade Execution Plan: Entry Zone: $82,000 (Limit Order / Confirmation on lower timeframes) Stop Loss (SL): $85,000 (Invalidation above the recent swing high) Take Profit (TP): $60,000 (Major support level and 0.5 Fib retracement area)Risk-to-Reward (R:R): 1:7.33 (Highly asymmetric risk profile) Technical Analysis & Confluence: Major Resistance: The $82,000 to $84,000 zone acts as a heavy supply area where sellers are expected to step in. Liquidity Grab: A push to $82k will likely hunt early shorters' stop losses before reversing. Fibonacci Retracement: The ultimate target of $60,000 aligns perfectly with key horizontal support and structural retest areas shown on the chart. Risk Management Warning: Always manage your risk according to your account size. Leverage should be kept low as volatility can be high near all-time high territories.