$BTC
BTCUSDT
Perp
92,616.7
+1.87%
BEARISH TECHNICAL ANALYSIS – SELLERS UNDER PRESSURE NEAR KEY RESISTANCE
$BTC is showing bearish signs after struggling to sustain above the 91,700–92,000 resistance zone. Repeated rejection wicks and declining buying volume indicate weakening bullish momentum. The market is likely to test lower support levels as sellers gain control.
Targets (TP):
• TP1: 90,000
• TP2: 89,500
• TP3: 88,500
Stop Loss (SL):
• Above 92,000 resistance or recent swing high
Risk Management:
Use controlled position sizing, avoid over-leverage, and always place SL before entering the trade.
