$BTC USDT BEARISH MOMENTUM ACCELERATES ā SUPPORT BREAK CONFIRMS DOWNSIDE DIVE š»
$BTCUSDT has broken down from the tight consolidation around the $103,500ā$103,600 resistance range and is now plummeting below $103,000 with high selling volume. The failed reclaim of the resistance zone indicates clear seller dominance, triggering a potential continuation move toward deeper support levels.
š§ Trade Setup:
Entry Zone: $103,000ā102,900
Take Profit 1: $102,300
Take Profit 2: $101,500
Stop Loss: $103,700
Leverage: 10x
Margin: 2ā3% of wallet
š Market Outlook:
Momentum is aggressively bearish on lower timeframes. Price has broken structure and confirmed a bearish engulfing below the key range. Volume and price action signal more downside if $102,800 fails to hold. Watch for increased volatility near the $101K mark.
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