$WBTC /USDT BEARISH SETUP
$WBTC /USDT is showing early signs of bearish pressure after failing to sustain above resistance near 113,070 – 112,950. The price is consolidating around 112,353 – 112,539, indicating potential downward momentum toward key support levels.
Trade Plan:
Short Entry: 112,500 – 112,600
Target (TP): 112,128, 111,717, 111,306
Stop Loss (SL): 112,950
Technical Insight:
Price is forming lower highs with weakening bullish momentum.
Increasing selling volume could confirm the downtrend.
Risk Management:
Use 1–2% of capital per trade; tighten SL if price breaks above resistance.
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