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3 Consecutive BTC Short Wins: Why $64K Resistance Is Holding

3 Consecutive BTC Short Wins: Why $64K Resistance Is Holding

Trading into high-timeframe resistance without confirmation is a amateur mistake. Over the last 24 hours (Aug 11-12), BTCUSDT provided three high-probability short scalp setups following a sharp rejection from the $65,462 swing high down to $63,241.

Instead of buying weak dips, we executed three back-to-back short trades targeting liquidity sweeps into declining lower-timeframe moving averages:

BTCUSDT 4-hour candlestick chart showing moving average resistance rejection and RSI levels

BTCUSDT 3-win short scalp breakdown and 4H chart analysis.

  • Trade 1: Entry at $63,972.47 | Closed at $63,783.53

  • Trade 2: Entry at $63,743.07 | Closed at $63,742.63

  • Trade 3: Entry at $63,790.90 | Closed at $63,731.13

The 4-hour chart confirms persistent supply overhead near the $64,100-$64,500 cluster (MA50, MA100, and MA200 confluence), keeping the local bias heavily skewed to the downside unless a high-volume reclaim occurs.

👉 Read the full detailed technical breakdown & trade setups on TechnoLoger Insights

Disclaimer: This post is for educational and research purposes only and does not constitute financial advice. Always do your own research (DYOR).

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Technology Era
Technology Era

Professional Crypto Analyst & Content Creator. 📊 Mastering charts with daily technical analysis & market insights. 🚀 Learn, Trade, and Earn with me!


www.publish0x.com/technologyera-insights
www.publish0x.com/technologyera-insights

Ovais here! While the retail crowd panicked in February, a massive "Handover" was happening behind the scenes. Short-term holders sold at a loss but have finally hit breakeven and stopped. Meanwhile, the real whales added 900,000 BTC to their bags, now holding a record 14.6M coins. That’s nearly 75% of the total supply locked away! The sellers have dried up, but the accumulators are still hungry. We are witnessing a historic supply shock. The question is: Are you holding with the whales or folding?

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