$BTC USDT BEARISH BREAKDOWN LIKELY AS SUPPORT WEAKENS

$BTC USDT is showing signs of exhaustion after repeated failures to break above the 124,600 resistance. The price has started forming lower highs with decreasing volume, while currently hovering just above the 121,700 support. A confirmed breakdown below this level could accelerate the downward momentum.

SHORT ENTRY: 122,000 – 122,400

TARGETS:

TP1: 121,000

TP2: 119,200

TP3: 117,000

STOP LOSS: 124,000

RISK MANAGEMENT: Stick to a strict 1-2% risk per trade. Adjust stop loss once TP1 is hit to secure profits. Avoid overleveraging and monitor macro news for potential volatility triggers.

#BTRPreTGE #CryptoClarityAct #BNBBreaksATH #TrumpBitcoinEmpire #BTCvsETH $BTC

BTC

77,374.94

-1.39%