BTCUSDT 30M chart analysis 📉

Bitcoin is currently showing weakness after rejecting near the 77.8K resistance zone. Price is trading below the curved resistance trendline, and sellers are defending the upper supply area aggressively.

A short setup is visible around 77,600 with multiple downside targets marked near 77,300 → 77,130 → 77,000 levels. The chart also shows a clean risk-to-reward setup, with stop loss placed above recent highs around 77,900.

Market structure suggests bearish momentum in the short term unless BTC reclaims the resistance zone with strong volume. If support at 77,300 breaks, we could see accelerated downside movement toward lower liquidity areas.

Key levels to watch:
🔹 Resistance: 77,800 – 78,100
🔹 Support: 77,300 – 77,000
🔹 Bias: Short-term bearish

Always manage risk properly and avoid overleveraging in volatile conditions. $BTC

BTC
BTCUSDT
71,700.1
-2.93%

is still moving inside a larger range, so confirmation is important before entering trades.

#BTC #BinanceSquare #RussiaBansNonCustodialCryptoWallets