$WBTC USDT BEARISH PRESSURE CONTINUES – SUPPORT TESTING IMMINENT

WBTCUSDT is showing consistent bearish pressure after failing to hold above $109,651. Price is forming lower highs and is currently hovering around $108,778 with immediate support at $108,476. If this support breaks, further downside towards $108,000 is likely in the short term.

🔻 Trade Setup (Short Entry)

Entry Zone: $108,750 – $108,900

Take Profit Targets:

🎯 TP1: $108,400

🎯 TP2: $108,000

🎯 TP3: $107,500

Stop Loss: $109,200

📉 Short Market Outlook:

Market structure remains bearish on the 15m timeframe with no strong reversal signals yet. Sellers continue to dominate under the $109,200 resistance. Watch for volume increase on breakdowns to confirm continuation.

⚠️ Risk Management: Always use strict stop losses and risk only 1-2% per trade to protect capital against volatility spikes.

💭 Comment “💥” if you see more downside coming!

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