$BTC /USDT BEARISH SHORT ENTRY OPPORTUNITY
$BTC /USDT is currently in a bearish phase, showing a 2.10% decline. The price is approaching key support levels, and with the market sentiment weakening, further downside is likely. The recent price action suggests a potential breakdown below $26,000, signaling a bearish move.
Entry: Short position below $26,000.
Target (TP): First target at $24,500, second target at $23,000.
Stop Loss (SL): Set stop loss just above $27,500 to limit risk.
Risk Management: Risk no more than 2% of your capital per trade. Ensure your position size aligns with your stop loss level to maintain a balanced risk/reward ratio.
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BTCUSDT
Perp
89,877.6
-2.65%