$BTC /USDT – Daily Timeframe Analysis (Bearish Continuation Setup)
Market Structure BTC has clearly rejected the major resistance zone (≈ 91.5k–93.1k) multiple times. Those equal highs (circled) indicate strong supply + liquidity grab, followed by a breakdown below the rising trendline. This signals trend weakness and potential distribution.
Key Observation
Rising trendline broken and retested
Failure to reclaim ~90k
Price now trading below resistance → bearish bias remains intact
🔴 Short Setup (Primary Bias)
Entry Zone:
89,800 – 90,500 (on pullbacks / weak retest)
Stop Loss:
Above 93,500 – 95,500 (clear invalidation above supply)
Targets:
TP1: 89,100
TP2: 84,000
TP3: 82,200
TP4 (Major Liquidity): 71,700 – 71,000
