$BTC /USDT TECHNICAL ANALYSIS – BEARISH PRESSURE
The
$BTC /USDT pair is showing bearish signs after failing to sustain above the 24h high at 97,193.34. Price action on the 1H and 4H charts reveals lower highs and consolidation near the support zone of 95,134–95,321, indicating potential downward continuation. Selling pressure is reinforced by strong 24h volume at the recent lows.
Trade Setup:
Entry: Short at 95,800–96,000 zone
Targets (TP): 95,134 (primary), 94,500 (secondary)
Stop Loss (SL): 96,500
Risk Management:
Risk max 2% of total capital per trade, use appropriate position sizing, and monitor for reversal candlestick patterns near support.
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