Bitcoin
Short

BTC/USD Bearish Target Hit After Reversal from Resistance Zone”

103
• Trend:
The chart shows recent bullish and bearish price movements. After a rally (sharp green candle), the price reversed and formed a bearish move, which is highlighted by the blue downward arrow.
• Pattern:
There’s a bearish correction after a parabolic move up. The chart marks a target zone with a rectangle around the 77,176 - 77,914 area, where price is expected to find support.
• Target Hit:
The label “Target 🎯 win 🏆” indicates that the price successfully reached the forecasted bearish target zone after breaking down. This suggests a successful trade or analysis based on this setup.

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