$BTC
/USDT BEARISH REVERSAL IN SIGHT – SELL PRESSURE BUILDING UP!
Bitcoin has faced strong rejection near the $97,300 resistance zone after a vertical rally, forming a double top pattern followed by a breakdown below the local support. The price is now retesting the broken zone, indicating a potential bearish continuation.
Trade Setup:
Short Entry: $96,740
Take Profit (TP): $95,774
Stop Loss (SL): $97,331
Market Outlook:
Price structure shows weakness at resistance, with momentum shifting to the downside. If the current retest fails to reclaim the previous high, a decline toward lower demand zones is expected. Risk management is crucial as volatility remains high.
Command for Followers:
“Breakdown confirmed – Enter short and ride the momentum!”
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