BTC
USDT (Perpetual) — Bearish Setup 📉
Market Context:
Bitcoin faced a strong rejection from $75K–$76K.
Price is forming lower highs and lower lows on the 1H chart — classic bearish structure
Recent breakdown below $68K reinforces the downward trend
Volume supports seller dominance, confirming momentum to the downside.
Trade Idea (Short-Biased):
Entry Zone: 67,200 – 67,800
Stop Loss: 68,600
Take Profit Targets:
TP1: 66,600
TP2: 65,800
TP3: 65,000
Strategy Notes:
BTC must stay below 68.6K for this bearish bias to remain valid.
Look for short-term bounces for better entry points.
Risk Management: Only risk a small % of your capital per trade; adjust position size accordingly.
Avoid chasing the price if it spikes above 68.6K — the trend may invalidate
BTCUSDT
Διην.
70,498
+1.77%