$BTC USDT perpetual data on Binance and considering a short. Let’s break this down carefully.

From your numbers:

Last Price: 88,365 USDT

24h High: 89,641.3 USDT

24h Low: 88,084 USDT

24h Volume: 39,510 BTC (~3.52B USDT)

The chart seems to show some resistance around 89,000–89,600 and support around 88,000. That means if you go short now:

Stop-loss: Just above the recent highs (~89,600)

Target: Could be near the support (~88,000) if the downtrend continues

A few things to keep in mind for shorting BTCUSDT perp:

Perpetual funding rate: If it’s positive, shorts earn funding. If negative, shorts pay funding—this affects your PnL.

Leverage risk: BTC can swing 1–2% in minutes, so even a “small” move can liquidate high-leverage positions.

Volume confirmation: Right now, volume is decent, but the move isn’t huge. Breaks of 88,000 with strong volume could confirm a short trend.

If you want, I can sketch a q