$BTC /USDT BEARISH PRESSURE INTENSIFIES – DOWNSIDE RISK IN FOCUS ⚠️
$BTC is struggling below MA(25) and MA(99), currently trading around 67,330. Short-term momentum is bearish as MACD DIF is below DEA, signaling sellers are gaining control. Price rejection from the 68,000–68,860 resistance zone suggests a potential retest of support levels near 66,500–66,837.
📉 Trade Setup
Entry Zone (Short Bias):
67,300 – 67,500
Take Profits:
TP1: 66,837 (recent low)
TP2: 66,500
TP3: 66,000
Stop Loss:
67,900 (above MA25 & minor swing high)
🔎 Short Market Outlook
Momentum is bearish with lower highs and lower lows forming on intraday charts. Volume is moderate, suggesting controlled selling. Key levels to watch: 66,837 and 66,500 support zones. A breakdown below 66,500 could accelerate selling toward 66,000–65,500. Conversely, reclaiming 67,800–68,000 would invalidate the short bias.
Trend: Bearish
Bias: Sell rallies / Trade breakdown
Key Levels: 66,837 & 66,500 support
$BTC
#BTC #CryptoTrading #TechnicalAnalysis #AltcoinMomentum #BreakdownSetup
$BTC is struggling below MA(25) and MA(99), currently trading around 67,330. Short-term momentum is bearish as MACD DIF is below DEA, signaling sellers are gaining control. Price rejection from the 68,000–68,860 resistance zone suggests a potential retest of support levels near 66,500–66,837.
📉 Trade Setup
Entry Zone (Short Bias):
67,300 – 67,500
Take Profits:
TP1: 66,837 (recent low)
TP2: 66,500
TP3: 66,000
Stop Loss:
67,900 (above MA25 & minor swing high)
🔎 Short Market Outlook
Momentum is bearish with lower highs and lower lows forming on intraday charts. Volume is moderate, suggesting controlled selling. Key levels to watch: 66,837 and 66,500 support zones. A breakdown below 66,500 could accelerate selling toward 66,000–65,500. Conversely, reclaiming 67,800–68,000 would invalidate the short bias.
Trend: Bearish
Bias: Sell rallies / Trade breakdown
Key Levels: 66,837 & 66,500 support
$BTC
#BTC #CryptoTrading #TechnicalAnalysis #AltcoinMomentum #BreakdownSetup