​🪙 ASSET: $BTC /USDT (Binance)

🔴 DIRECTION: SHORT

📉 TREND: Downward structure with a series of lower highs (66,520 → 65,175 → 64,120 → 63,600). The price has broken through key support at 64,000 and consolidated below it. The 4H 50 MA is sloping downward, confirming bearish momentum. The RSI is in the neutral zone (~45) with no signs of overselling, leaving room for further decline. The MACD is in the negative zone with a contracting histogram — an early signal of continued correction. Volume remains stable (~21B), but selling dominates on every bounce. The price of 63,323 is 42.7% below its ATH (110,431). The Fear & Greed Index is at 25 (Extreme Fear).

​🎯 Trading Setup

🎯 Entry: 63,300 – 63,600

​🛑 Stop-Loss

🛑 $64,250 (Above recent lower high / retest of 4H EMA 50)

​📉 Take-Profit Targets

🔴 TP1: 62,300 — S1 / below July 31st low (62,630)

🔴 TP2: $61,500 — S2 / psychological zone

🔴 TP3: $60,500 — S3 / extended target, June 2026 consolidation level

​🔑 Key Levels

🛑 Stop-Loss ($64,250): Above recent lower high

🎯 Entry Zone (63,300–63,600): Current zone / retest of broken $64K support

🔴 Resistance (64,000–64,200): Support-turned-resistance zone / lower high

🟢 Support ($62,630): Local minimum of July 31st

🔵 ATL ($15,460): 2022 cycle low (for reference)

​⚠️ Disclaimer: This analysis is not financial advice. Trade at your own risk.$BTC