$BTC /USDT TECHNICAL ANALYSIS: SHORT TRADE SIGNAL Trade Setu
Psix2020
Updated at: 2 hours ago
{"content":"$BTC /USDT TECHNICAL ANALYSIS: SHORT TRADE SIGNAL
Trade Setup:
Short Entry: Below $109,423
TP1: $108,666
SL: $111,590
Short Outlook of Market:
The BTC/USDT chart is displaying a strong bearish trend. The price has been in a consistent decline after failing to break above the $116,034 level. The current price of $109,423 is a significant drop, and it appears the momentum is favoring sellers. The 24-hour low of $108,666 is a key support level to watch. A breakdown below this point could lead to further downward movement. A rebound is possible, but the overall market sentiment is bearish for the short term.
#Bitcoin #BTC #Crypto #Trading #TechnicalAnalysis $BTC
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