BTC has been in an uptrend but recently encountered resistance and faced rejection, suggesting a potential corrective move. A second rejection at this level could indicate a failure swing; however, confirmation is still needed.

The key front-run level to watch is $87K, where a high-volume breakout or a reaction leading up to it should be monitored. The primary entry point is at $86,350, but since this setup is counter-trend, careful risk management is essential. A tight, percentage-based stop-loss is necessary, along with quick profit-taking to minimize exposure.

If strength is confirmed above $87K, it could invalidate the rejection setup and shift the bias back toward bullish continuation. Keep an eye on volume dynamics and lower timeframe reactions.

We have a trendline, and if it breaks, the price could move in a parabolic manner. 

A breakout above 88,520 is a trigger for a long position, but if there’s a reaction before the breakout (allowing for a tighter stop-loss), you can place a stop-buy order(1)

If the move turns out to be a fake breakout, even back to the trendline, close the long position(2)

The short scenario remains unchanged(3)

We consider these scenarios to know what actions to take and to be prepared in advance.

Graphic Designer👁️, Evolving trader📈

Carefully analyzing entry and exit points is crucial! A reaction before the breakout could provide a better opportunity to set a tighter stop-loss. Thanks for the detailed analysis.

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