📉 $BTC Bearish Continuation
BTC is struggling below key moving averages after failing to hold above 77k. Price is forming lower highs and lower lows with weak momentum and declining volume on bounces, indicating continued selling pressure.
Trade Setup (Short)
Entry Zone: 76,800 – 77,050
Take Profit Targets:
TP1: 76,000
TP2: 75,300
TP3: 74,500
Stop Loss: 77,650
The downtrend structure remains intact with price rejecting the MA cluster. Continuation lower is possible if it breaks below 76,000 with volume.
Sell and Trade $BTC
BTCUSDT
Διην.
73,899.9
-0.08%