$WBTC

WBTC

90,264.18

-2.30%

/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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