Publier
Lol Trader
Yes — the structure you described supports a range-trading framework, but I’d treat $85.4K–$85.6K as a resistance/reaction zone rather than an automatic short entry.
$BTC BTC 4H setup
Current: ~$84,014
Resistance: $85,390–$85,500 — 0.786 Fib around $85,391
Major resistance: $86.5K–$87.4K
Previous high: ~$87,374
Near support: $83K–$83.3K
Deeper support: ~$81.7K–$82K
The key distinction is reaction vs breakout:
Short scenario:
#PCEAndPayrollsWeek #MicronEarningsAhead #USTreasuryYieldHigh
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