$BTC / Bearish Rejection at Resistance Zone🛑🚦

$BTC /USD is showing bearish momentum after failing to break above the 89,028 resistance level, currently trading at 88,750 with a -0.38% decline......................

The chart displays a clear downtrend with lower highs and lower lows formation........................

Price has been rejected from the 89,000+ zone multiple times, creating a strong supply area.....................

The current consolidation around 88,750-88,860 suggests weakness, and a break below 88,407 support could trigger further downside toward lower targets.....................

📊 Entry Range: 88,700 - 88,900

🎯 Target 1 (TP1): 88,200

🎯 Target 2 (TP2): 87,800

🎯 Target 3 (TP3): 87,400

🛑 Stop Loss (SL): 89,200$BTC

BTC

71,054.52

-6.83%