$BTC /USDT BEARISH COOL-OFF UNDERWAY – MARKET LOSING UPWARD STEAM!
Bitcoin has pulled back from the $94,400 high, sliding toward the key support band around $90,000–$89,400. The repeated rejections near the upper resistance and declining momentum indicate that sellers are gaining short-term control. Unless buyers strongly defend the $89,400 support, BTC could extend its correction further in the coming sessions.
🔻 Trade Setup (Short Entry)
Entry: $90,700 – $91,200
Take Profit 1: $89,500
Take Profit 2: $88,800
Take Profit 3: $87,500
Stop Loss: $92,400
📉 Market Outlook
BTC remains in a corrective phase as long as it stays below $92,000. A clean break under $89,400 could open the door to deeper downside levels. Bulls will need a strong bounce back above $92,000–$93,000 to regain momentum and aim for new highs.
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