Guys $BTC is breaking down hard and sellers are fully in control and continuation lower looks likely 🔻
BTC/USDT Short Setup (4H)
Entry Zone: 87,200 – 88,000
Stop-Loss: 89,500
Take Profit Targets:
TP1: 85,800
TP2: 84,600
TP3: 83,200
Why:
Strong breakdown below MA25 & MA99
MA7 sharply sloping down → momentum bearish
RSI deep near oversold, but no bullish divergence yet
High sell volume on breakdown candle → real distribution
Structure flipped bearish after losing 89K support
As long as BTC stays below 89.5K, downside pressure remains, with liquidity resting in the 85K–83K zone.
BTCUSDT
Perp
85,893.2
-4.13%