📉 BTCUSDT.P 30m Analysis

The chart shows a strong bearish trend followed by a small consolidation box (range) near $90,100.

* Move Back Test Possible: If the price breaks below this consolidation support (around $90,000), it's highly likely to move back up to test the broken support as new resistance (the "back-test").

* Outlook: This back-test would typically lead to a continuation of the drop (bearish scenario). The marked up-arrow suggests a high-risk bullish target that requires a strong breakout above the consolidation resistance.

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BTC
BTCUSDT
86,770.3
+0.25%