$WBTC /USDT BEARISH SHORT SETUP
$WBTC has faced repeated rejection near the 124,346 resistance, forming lower highs and showing signs of weakening momentum. Price action is slipping below key intraday support levels, with sellers gradually taking control. Volume patterns indicate reduced buying pressure, and short-term moving averages are beginning to turn downward, favoring a corrective move.
ENTRY: 121,500 – 121,700 (on confirmation below breakdown level)
TP1: 120,200
TP2: 118,800
TP3: 117,300
SL: 123,000
RISK MANAGEMENT: Keep exposure limited to 1–2% of total capital per trade and ensure a minimum risk-reward ratio of 1:2 to protect against volatility.
#BNBBreaksATH #BTCBreaksATH #REVABinanceTGE #DeFiGetsGraded #ETHOvertakesNetflix $WBTC