$BTC is showing bearish continuation after failing to hold above short-term resistance. Sellers remain in control, with price trading below MA(7) and MA(99), while bearish momentum continues to build.
EP (Sell Zone)
63,450 – 63,650
TP (Targets)
TP1: 63,200
TP2: 62,900
TP3: 62,500
SL (Stop Loss)
63,900
Price is trading below the recent resistance area after a weak recovery, suggesting $BTC sellers are defending higher levels. If $BTC remains below the sell zone and selling pressure continues, a move toward the listed downside targets becomes increasingly likely.
Always use proper risk management before entering any trade.
EP (Sell Zone)
63,450 – 63,650
TP (Targets)
TP1: 63,200
TP2: 62,900
TP3: 62,500
SL (Stop Loss)
63,900
Price is trading below the recent resistance area after a weak recovery, suggesting $BTC sellers are defending higher levels. If $BTC remains below the sell zone and selling pressure continues, a move toward the listed downside targets becomes increasingly likely.
Always use proper risk management before entering any trade.