BTCUSDT is showing signs of distribution after failing to break through the 96,400 resistance zone.
The structure still respects the upward trendline, but bearish divergence and fading momentum hint at a deeper correction. As long as BTC stays below this resistance, the risk of a pullback to the 91,000 level remains elevated.
š Key Levels:
Sell trigger: Rejection below 96,400
Buy zone: 91,000
Target: 91,000
Bullish breakout: Only on strong close above 96,400
š” Risks:
Bitcoin is still holding trendline support, so aggressive shorts are risky without confirmation.
If bullish volume picks up near 91,000, price may bounce fast.
Macro catalysts or ETF news can flip sentiment in minutes.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad š©āš»
Trade at your own Risk š
Best Regards, Trade Cryptocurrency
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