🔴$BTC
BTCUSDT
Perp
87,050.3
+0.61%
BEARISH SETUP: DOWNSIDE MOMENTUM PERSISTING
$BTC is showing continued bearish pressure after rejection from the 87,500–92,500 resistance zone. Price action on the 1H and 4H charts indicates lower highs forming, signaling potential continuation toward lower support levels. Failure to reclaim key resistance confirms sellers’ control, and a break below the immediate support at 85,464 could accelerate the downtrend.
Entry: Short below 85,400
Targets (TP):
TP1: 84,450
TP2: 83,500
TP3: 82,000
Stop Loss (SL): 87,500
Key Levels:
Resistance: 87,500 / 92,500 / 95,000
Support: 85,464 / 84,450 / 83,500
Risk Management: Risk 1–2% of total capital per trade; secure partial profits at TP1 while letting the remainder ride.