$BTC USDT Market Update
Trade Type: SHORT (Bearish Momentum / Pullback Phase)
Entry Zone: 66,200 – 66,800
Resistance Zone: 67,400
Targets:
TP1: 65,500
TP2: 64,800
TP3: 63,800
Stop Loss: 68,000
Market View:
BTC is showing strong bearish pressure after rejection from the 68,385 resistance area. Price formed a sharp downside move with increasing selling volume, confirming seller dominance.
Price is trading below MA(7) and MA(25), showing short-term bearish control. If price remains below 67,400, downside continuation is likely.
Holding below 67,400 keeps structure bearish.
Break below 65,500 opens path toward 64K+.
Reclaim above 68,000 would invalidate bearish setup.
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BTCUSDT
Perp
65,570.6
-2.83%