$BTTC BEARISH BREAKDOWN: SHORT SETUP ON 1H CHART💸💥
The 1-hour chart for $BTTC/USDT reveals a weakening structure beneath key moving averages, signaling a potential short opportunity. Price action has consistently failed to reclaim the MA(7) and MA(25), both of which are now acting as dynamic resistance. The recent rejection near the 24h high and the formation of lower highs suggest sellers are gaining control.
Volume analysis supports this bearish bias—despite a high BTTC turnover, the corresponding USDT volume remains subdued, indicating weak bullish conviction. The candlestick structure shows a descending channel with failed breakout attempts, reinforcing the probability of further downside.
SHORT ENTRY ZONE: 0.0000000605–0.000000061
TARGET 1: 0.000000060
TARGET 2: 0.0000000595
TARGET 3: 0.0000000588
STOP LOSS: 0.0000000615
Risk management: Use 1–2% of capital per trade. Avoid overleveraging. Reassess if price closes above MA(7) with volume confirmation.
#BearishSetupb #MovingAverages #VolumeAnalysis #DescendingChannel #CryptoTrading
