🚨 $BTC /USDT BEARISH MOMENTUM INTENSIFIES — SELLERS TARGET DEEPER SUPPORT LEVELS!
$BTC is trading under pressure after a sharp rejection from the 64,200 resistance zone. Price remains below short-term moving averages, signaling continued bearish momentum. As long as BTC stays beneath key resistance, the path of least resistance remains to the downside with further support tests likely.
📉 Trade Setup
Entry Zone: 61,650 – 62,050
Take Profit Targets:
- TP1: 61,150
- TP2: 60,500
- TP3: 59,800
Stop Loss: 62,850
📊 Short Market Outlook
The short-term trend favors bears after the recent breakdown from higher levels. Price is hovering near MA60 support, but buying strength remains limited. A decisive break below 61,150 could accelerate selling pressure toward the 60K psychological zone. Bulls must reclaim 62,500+ to invalidate the bearish structure and restore upside momentum.
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