$BTC 📉 Analysis & Trade Plan

BTCUSDT

Perp

88,150.1

-2.12%

$BTC saw a sharp impulsive dump from the 90.2k area, breaking short-term structure 🔻. Price is now sitting near intraday support ~89.3k–89.4k, which is a key reaction zone. Momentum is bearish, but volatility is high, so both scenarios are in play ⚠️

🔴 Short Scenario (Trend-Following)

📍 Entry: 89,700 – 89,900 (pullback / rejection zone)

🎯 TP1: 89,200

🎯 TP2: 88,700 – 88,500

❌ SL: Above 90,200

➡️ Valid if price fails to reclaim 90k and shows weak bullish candles 🐻

🟢 Long Scenario (Support Bounce)

📍 Entry: 89,300 – 89,400 (support hold)

🎯 TP1: 89,900

🎯 TP2: 90,200 – 90,400

❌ SL: Below 89,000

➡️ Only if support holds + strong bullish reaction appears 🛡️

🧠 Trading Notes:

• Bias remains bearish below 90k 🔻

• Longs are scalp only, don’t overstay 🎯

• Wait for confirmation, no FOMO trades 🚫

• Manage risk, volatility is high ⚡