$BTC /USDT – ⚠️ BEARISH WEAKNESS! WILL SUPPORT HOLD OR BREAK?
🔎 Current Price: $84,029.27 (-0.15%) – BTC/USDT is showing signs of exhaustion after struggling to hold higher levels, suggesting potential downside pressure.
📊 Key Levels:
Resistance: $84,676 – A breakout above this level could reignite bullish momentum.
Support: $83,600 – A breakdown below this may trigger further selling pressure.
💼 🔥 Trade Setup (SHORT):
📉 Entry: $84,000
🎯 Target 1: $83,500
🎯 Target 2: $83,000
🛑 Stop Loss: $84,800
📉 Market Outlook: If BTC/USDT fails to hold the $83,600 support zone, expect increased selling pressure, leading to a retest of $83,000. A recovery above $84,676 would invalidate the bearish setup and open the door for new highs.
⚠️ Risk Management: Manage position size carefully and use a stop-loss to protect against unexpected volatility.
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