$BTC /USDT BEARISH CONTINUATION SETUP – SELL THE RALLIES
BTC/USDT is showing clear signs of weakness after a strong rejection from the upper resistance zone. Price failed to sustain above the recent high and is now trading below key short-term moving averages, indicating loss of bullish momentum. The structure on the 4H timeframe suggests a lower high formation, while expanding volatility hints at further downside pressure. Sellers remain in control unless price reclaims the broken resistance convincingly.
Trade Idea: SHORT
Entry Zone: 69,800 – 70,800
Stop Loss: 72,300 (above major resistance and prior rejection zone)
Targets:
TP1: 65,500 (previous demand and interim support)
TP2: 62,400 (strong structural support and range bottom)
TP3: 59,300 (extended bearish target if momentum accelerates)
Risk Management:
Risk only 1–2% of total capital per trade. Secure partial profits at each target and trail stop loss to breakeven after TP1 to protect capital.
#TechnicalAnalysis #CryptoTrading #BTCUSDT #PriceAction #RiskManagement $BTC
