📉💰 $WBTC /USDT BEARISH PRESSURE AT KEY SUPPORT 💰📉

📊 Current Price: $118,756.9 (-2.42%)

🔑 Key Levels:

Resistance: $119,742 ➡️ $120,194 (recovery hurdle)

Support: $118,385 ➡️ $118,000 (critical defense zone)

📈 Analysis:

$WBTC is trading below the 99 MA ($120,015), showing continued bearish sentiment. Price is hovering just above the $118,000 key support — a breakdown here could accelerate losses toward deeper levels, while any bounce remains limited unless $120K is reclaimed.

💼 Trade Setup (Short):

Entry: $118,800 – $119,200

TP1: $118,385

TP2: $118,000

SL: $119,750

⚠ Risk Management:

Risk only 1–2% per trade, secure partial profits at TP1, and move SL to breakeven after first target is hit. 📏✅

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