$BTC SLIPPING UNDER PRESSURE – BEARS STILL IN CONTROL!
$BTC/USDT is trading at $93,889.99, down -1.83% on the day after failing to hold above the $94,200 resistance. Despite a bounce from the $93,514 low, the price remains under pressure, struggling below several short-term resistance zones. Volume is high at 191.73K, but seller dominance is overwhelming at over 90% in the order book.
Key Levels to Watch:
• Support Zone: $93,500 – $93,700
• Resistance Zone: $94,000 – $94,400
Trade Setup – High-Risk Range Play
• Entry Zone: $93,850 – $93,950
• TP1: $94,200
• TP2: $94,500
• Stop-Loss: Below $93,500
Trend remains weak with lower highs and heavy rejections at each recovery attempt. For bulls to take charge, a strong breakout above $94,500 with volume is critical. Until then, expect choppy conditions with bearish lean.
