$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.
#BTCOutlook #BearishBias #ShortTradeSetup #CryptoMoves #BitcoinBreakdown $BTC