Sell position triggered after clean breakdown from triangle / rising wedge.
📊 Trade Details:
• Entry: ~69,973
• SL: ~71,049
• TP: ~67,820
• RR: 1:2
📉 What we see:
• Bearish breakdown from consolidation
• H1 rising wedge + distribution structure
• Momentum shifting down
🎯 Outlook:
As long as price stays below ~70,700, downside toward 67,800 remains likely.
⚠️ Watch for:
• Reclaim above 71,000 → invalidation
• Pullback to breakdown zone before continuation
Overall: Bearish bias intact — targeting continuation lower 🔻
BTCUSDT
Perp
69,385.4
-2.70%