$BTC FDUSD BEARISH BREAKDOWN CONFIRMS – SHORT SETUP ACTIVE 🔻📉$ETH
Bitcoin is showing clear bearish momentum after rejecting key resistance and breaking below support levels. Sellers are gaining control as price dips below moving averages. ⚠️
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📊 Current Price: $117,763
🔍 Key Levels:
Resistance Levels:
🔺 $118,150 – 25 MA
🔺 $118,429 – Swing High
🔺 $118,464 – 7 MA
Support Levels:
🔻 $117,677 – Local Support
🔻 $116,816 – 24h Low
🔻 $116,300 – Major Demand Zone
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📉 Trade Setup – SHORT:
Entry: Below $117,750
TP1: $117,000 🎯
TP2: $116,300 🎯
SL: $118,450 🛑 (Above 25 MA & swing high)
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⚠️ Risk Management:
🔹 Risk only 1-2% per trade
🔹 Avoid over-leverage ⚖️
🔹 Wait for volume confirmation on breakdown 📊
Trend is weak – Ride the wave down, but manage risk wisely! 🧠💼
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