$BTC/USDT – Short Setup in Play

Bearish Rejection at Resistance — Downside Pressure Building

Bitcoin couldn’t hold above the 95,950–96,000 resistance zone and saw a sharp rejection, forming a bearish engulfing pattern. Price is now breaking below short-term support, hinting at a possible move toward lower demand areas.

Trade Setup:

Entry Zone: 95,740 – 95,760

Take Profit Targets: 95,200 / 95,050

Stop Loss: 96,000

Market Outlook:

Momentum has clearly shifted toward the bears. Liquidity above the recent high has been swept, and a lower high is now in place. If selling pressure holds, BTC could test deeper support levels around 95,050. Longs should stay cautious unless the bullish structure is reclaimed.

Note:

Patience is key here — bears are taking control, and the trend looks ready to slide.

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