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$WBTC /USDT BEARISH RETEST SETUP: SHORT OPPORTUNITY FROM KEY RESISTANCE ZONE
Price action is showing rejection from the upper supply area after failing to sustain momentum above recent highs, indicating exhaustion and potential continuation of downside correction.
SHORT ENTRY ZONE: 78,000 – 78,400
STOP LOSS: 79,300 (above major resistance breakout invalidation)
TAKE PROFIT TARGETS:
TP1: 77,400
TP2: 76,800
TP3: 76,000
Market structure suggests weakening bullish momentum with repeated failures at resistance, increasing probability of retracement toward lower liquidity zones.
RISK MANAGEMENT:
Risk only 1–2% per trade, avoid overleveraging on high-value assets, and secure partial profits at each level while moving stop loss to breakeven after TP1.
#WBTCUSDT #CryptoTA #TechnicalAnalysis #BitcoinDerivative #AltcoinTrading $WBTC
Price action is showing rejection from the upper supply area after failing to sustain momentum above recent highs, indicating exhaustion and potential continuation of downside correction.
SHORT ENTRY ZONE: 78,000 – 78,400
STOP LOSS: 79,300 (above major resistance breakout invalidation)
TAKE PROFIT TARGETS:
TP1: 77,400
TP2: 76,800
TP3: 76,000
Market structure suggests weakening bullish momentum with repeated failures at resistance, increasing probability of retracement toward lower liquidity zones.
RISK MANAGEMENT:
Risk only 1–2% per trade, avoid overleveraging on high-value assets, and secure partial profits at each level while moving stop loss to breakeven after TP1.
#WBTCUSDT #CryptoTA #TechnicalAnalysis #BitcoinDerivative #AltcoinTrading $WBTC
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