Bitcoinshort

🚨 $WBTC /USDT SHORT TRADE ALERT! 🚨

📉 Current Price: $95,366.78
🔻 Short Setup:
Entry Zone: $95,500 - $95,800
Stop Loss: $96,500
🎯 Target Levels:
✅ TP1: $94,800
✅ TP2: $94,200
✅ TP3: $93,500
📊 Market Insights:
A pattern of lower highs suggests that bearish momentum is taking control.
Heightened market volatility signals the potential for a deeper retracement.
If $95,800 fails to hold as support, further downside movement could accelerate.
💡 Pro Trading Tip:
Allow for a slight pullback before entering a position to enhance the risk-to-reward ratio.
Consider securing partial profits at TP1 and adjusting your stop loss accordingly.
⚠️ Risk Management Strategies:
Avoid excessive leverage, as market fluctuations can be unpredictable.
Place stop losses above key resistance levels to limit downside exposure.
🔥 Stay ahead of market movements and execute smart trades! 🚀
#WBTC #CryptoTrading #BitcoinShort #Altcoins #Blockchain

Bitcoin has formed a rising wedge pattern, which it has now broken. After completing a retest, it appears poised to move toward the $87,000 level. It may consolidate around this range for a few days. According to Elliott Wave analysis, the final Bitcoin bottom is projected to be in the $83,000 to $84,000 range.
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