$WBTC /USDT – Weakness Signals More Drop! 🚨 Short Setup Below $103K
Current Price: $102,754.90 (-0.77%)
Wrapped Bitcoin is struggling to hold above $103K, forming a lower high structure with consistent bearish pressure on the 30m chart.
Key Levels:
Resistance: $103,800 – $104,400
Support: $102,500
Breakdown Trigger: Below $102,700
Short Trade Setup:
Entry Zone: $102,700 – $102,900
TP1: $102,200
TP2: $101,400
Stop Loss: $103,650
Market Insight:
The price is trading near session lows and failing to reclaim any bullish momentum. Volume is thinning, a potential lead-up to a stronger selloff.
Pro Tip:
Confirmation comes on a 15m candle close below $102,500 with increasing volume.
Caution: Market sentiment turning bearish — ride the drop with precision!
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