$BTC /USDT SHORT TRADE SIGNAL: BEARS ARE BACK IN CONTROL, PREPARE FOR A DROP!
Bitcoin has broken below the key intraday support zone around $93,930, showing strong bearish momentum on the 30-minute timeframe. Current price is $93,904, indicating sellers are pushing lower after a failed attempt to reclaim higher levels. A clean breakdown through support signals continuation toward lower levels.
Key Levels:
• Resistance: $94,143
• Support: $93,655
• Current Price: $93,904
Trade Setup (Short):
• Entry: $93,900 - $93,950
• Take Profit (TP): $93,600 / $93,515
• Stop Loss (SL): $94,150
Market Outlook:
Bitcoin’s inability to hold above the consolidation zone has opened room for further downside. A retest of $93,600 and below is highly probable if volume continues to support sellers.
Risk Management:
Use proper position sizing. Risk only 1-2% of your capital per trade to protect yourself from unexpected reversals.
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