$BTC /USDT short trade signal 🚦 🔴
SHARP BEARISH DUMP — SUPPORT TESTED, RELIEF BOUNCE OR DEAD CAT?
Bitcoin just plunged from the $106K region down to a fresh low of $100,372 within a brutal hourly dump. It’s now trading around $101,500 after a minor recovery, but the selling pressure remains heavy, and bulls are struggling to regain control.
Trade Setup (SHORT):
Entry Zone: $101,800 – $102,500
Target 1: $100,000
Target 2: $97,800
Stop Loss: $103,200
Why Short?
The rapid breakdown sliced through multiple support levels in a single move. Volume surged during the drop, and the small bounce lacks strength, suggesting it could be a lower high before the next leg down. Price action is signaling exhaustion, and bears remain dominant.
Risk Management Tip:
Stick to tight SLs above recent bounce zones. If $BTC reclaims $103K on strong volume, reassess the structure. Don’t chase — position with discipline.
Sell smart — don’t chase green candles when the trend is turning red!
#BitcoinCrash #CryptoAnalysis #BTCShort #BinanceTrading #BearishTrend
buy and trade here on BTC