Action: SELL (or Short) on $BTC /USDT
Reasoning:
· Price is trading below key EMAs (25 and 99) with RSI in bearish territory.
· Lack of volume support and failure to break above EMA(25) suggests continued downside.
· The chart shows lower highs and lower lows in recent candles, reinforcing the bearish structure.
Entry Zone: 89,700 – 89,900 (near current price or a retest of EMA25)
Stop-Loss (SL): 90,700 (above EMA99 and 24h high to account for volatility)
Take-Profit (TP):
· TP1: 88,600 (24h low)
· TP2: 88,050 (next support level)
