📉 Market Watch | $BTC Binance Traders

The chart tells a clear story 👀

After a strong rally, price broke below the rising trendline and confirmed a trend reversal. Now we’re seeing a pullback into resistance, right under the descending trendline — a classic sell-the-rally zone.

🔍 What’s happening on the chart:

Previous uptrend ❌ broken

Strong bearish momentum 📉

Price retesting trendline as resistance

Risk–reward favors the downside ⚠️

📌 Trading Insight:

As long as price stays below the $BTC trendline, bears remain in control. A rejection here could open the door for further downside continuation.

⚡ Always manage risk and wait for confirmation before entering a trade.

#Binance #CryptoTrading #MarketUpdate #TechnicalAnalysis #BTC

BTC
BTCUSDT
74,869.3
-4.55%