$BTC /USDT – Technical Breakdown (Short Continuation)

Bitcoin is currently trading in a clear distribution range after failing to hold above the recent resistance zone. The impulsive move into the upper range was quickly rejected, and price has since shifted into sideways-to-bearish behavior, showing acceptance below the key resistance band. Multiple attempts to reclaim higher levels have failed, indicating weakening buyer strength and active supply overhead.

On the lower timeframe, price is compressing below resistance while holding below the range midpoint, which typically precedes continuation in the direction of the prior rejection. As long as BTC remains capped below the resistance zone, downside continuation toward the lower demand area remains the higher-probability outcome.

Trade Setup

Entry Range: 87,700 – 87,900

Target 1: 87,200

Target 2: 86,800

Target 3: 86,350

Stop Loss: 88,150

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