📉 BTC/USDT - Triangle Breakdown Playing Out đŸ”»

The symmetrical triangle pattern has officially broken down, and the bearish momentum continues.

BTC is now trading at $102,962, confirming a sustained move below the support trendline đŸ§±

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🔍 Technical Highlights:

✅ Breakout candle closed below triangle = confirmed bearish breakout 📉

đŸ”œ Price broke below $103k support and is now heading toward $102,000

📉 MACD: Still negative (-157.96) = ongoing downward pressure

📊 Volume increased during breakdown = added confirmation đŸ”„

❌ All short-term MAs (5, 10, 25) are sloping downward = bearish trend intact

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📉 Next Support Levels:

🔾 Major Support: $102,000

đŸ”» Below that: $100,000 (psychological zone)

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📈 Potential Setup:

🔁 Watch for retest of the broken support around $103k–$103.5k — could offer a short entry

⚠ If BTC closes back above the triangle, bearish bias is invalidated

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🚹 Risk Management is key — Keep a close eye on price action near $102,000 🧐

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#ChartAnalysis #BearishBreakout #CryptoTechnical #BTCUSDT #CryptoAlert