BTC/USDT Technical Analysis + Trade Setup + #RamadanGiveaway BIG dump coming soon
**Technical Analysis (from your chart data)**
1. **Trend:**
- BTC has dropped from $109,588 to around $83,800, showing a strong downtrend with lower highs and lower lows.
- Small bounce of +8% over the past 7 days, but 30-day and 90-day trend is negative.
- The market is in correction mode, and the current bounce looks weak.
2. **Key Resistance Levels:**
- $85,900 (short-term resistance)
- $92,000 (next barrier if bounce occurs)
- $99,000 (major resistance zone)
3. **Key Support Levels:**
- $82,000 (critical short-term support; break below this confirms further downside)
- $72,500 (major support zone)
- $60,000 (worst-case support area)
4. **Volume:**
- Selling volume is stronger than buying volume (57.99% selling pressure), indicating potential for more downside.
5. **Price Action:**
- If BTC fails to reclaim $86,000 and breaks $82,000, a strong dump is likely.
- Long lower shadows in candles could show attempts of support, but failing bounce attempts are a bearish signal.
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**Trade Setup (Bearish Bias)**
**Short Trade Setup:**
- Entry: On breakdown below $82,000
- Stop-Loss: Above $86,000
- Target 1: $72,500
- Target 2: $68,000
- Target 3 (if big dump happens): $60,000
- Risk: 1–2% of total capital per trade
**Alternate Long Setup (only if BTC reclaims $86,000):**
- Entry: Above $86,000 with strong volume confirmation
- Stop-Loss: Below $83,000
- Target 1: $92,000
- Target 2: $99,000
- Take partial profit on the way up
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**Confirmation Indicators:**
- Watch RSI on 4H or daily timeframe — if it stays below 50, bearish setup is strong
- Watch volume spikes — strong red candles with high volume indicate breakdown confirmation
If you want, I can help chart this setup with exact Fibonacci retracements and share visuals. Want me to?
#SUIETFcoming? #BNBChainOverSolanaInDEXVolume #USTariffs #WhaleMovements
