$BTC /USDT BEARISH CONTINUATION SETUP – SHORT OPPORTUNITY IN PLAY
Bitcoin is showing clear short-term weakness on the lower timeframes after failing to sustain momentum near the recent 24h high. Price action is forming lower highs while facing rejection from the intraday resistance zone, indicating selling pressure is building. The structure suggests a potential continuation toward the lower liquidity area if support fails to hold.
Technical Confluence:
• Rejection from recent resistance zone
• Lower high formation on 15m–1H structure
• Increasing downside momentum
• Key support level under pressure
• Volatility expansion signaling breakout potential
SHORT ENTRY PLAN:
Entry Zone: Breakdown below 65,000 support with confirmation
Targets (TP):
TP1: 64,500
TP2: 63,800
TP3: 62,900
Stop Loss (SL):
Above 66,200 resistance
Market Outlook:
As long as price remains below the intraday resistance band, bearish momentum is likely to continue. A clean break below support could accelerate selling toward deeper liquidity zones.
Risk Management:
Risk only 1–2% of total capital per trade. Use partial profit booking at each target and move stop loss to breakeven after TP1 to protect capital.
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