BTC/USDT – Trading Setup
$BTC is trading around $68,422.94 after a sharp rejection from the $71,100 resistance area. Price is showing short-term bearish pressure and moving below the key moving averages, while trying to stabilize near the $68,200 – $68,400 support zone.
📊 Trade Setup
EP: $68,200 – $68,500
TP: $69,200 / $70,200 / $71,100
SL: $67,700
🔥 Idea:
If BTC holds above the $68,200 area, a relief bounce could push price toward $69,200 – $71,100.
⚠️ If support breaks:
Below $68,200, price may drop toward $67,700 – $67,000.