$BTC
BTCUSDT
Perp
88,350.1
+1.74%
/USDT SHORT TRADE SETUP (Perpetual)
Based on the 15m chart analysis, $BTC is trading at 86,819.8. The price is showing weakness after being rejected from the recent high of $88,049.5 and is currently trading below both the short-term \text{MA(7)} at 86,926.2 and the \text{MA(99)} at 86,889.3, signaling short-term bearish control.
The price action suggests a failure to hold above the moving averages, setting up for a potential move down to retest the recent low.
Target Points
TP1: 86,277.9 (Initial support level)
TP2: 85,915.0 (Recent swing low)
TP3: 85,777.9 (24h Low)
Stop Loss
Set stop loss above the key resistance and previous swing high: 87,400.0 to limit upside risk.
Sell and Trade here on $BTC
