$WBTC CUSDT — BEARS STILL IN CONTROL
Price action shows continued downside pressure after failing to hold above 115,500. Sellers are defending resistance zones aggressively, pushing price into a narrow consolidation just above 114,800. If bulls fail to reclaim higher levels, further downside is likely.
Trade Setup (Short):
Entry Zone: 114,950 – 115,200
Target 1: 114,500
Target 2: 114,000
Stop Loss: 115,800
Market Outlook:
The trend remains weak as long as price stays below 115,500. A break under 114,500 could accelerate bearish momentum, while only a strong close above 116,000 would hint at a reversal.
