🚨 $BTC /USDT – Bearish Momentum Building Below Resistance! 🚨
📉 Current Price: $92,690.39 (-1.18%)
🕒 Timeframe: 1H
📊 Exchange: Binance
After multiple rejections near the $93,800–$94,000 resistance zone, BTC is showing signs of bearish exhaustion, with momentum starting to tilt downward.
If price sustains below $92,800, a further drop could accelerate toward the next demand levels.
⚔️ Short Signal Setup:
Entry Range: $92,600 – $93,000
Targets:
🎯 Target 1: $91,300
🎯 Target 2: $90,500
🎯 Target 3: $89,200
Stop Loss: $94,250 Key Levels to Watch:
Resistance: $93,800 / $94,250
Support: $91,300 / $89,200
Structure Bias: Bearish
Momentum: Weakening near resistance
💬 Outlook:
Bitcoin’s short-term trend remains bearish, with sellers controlling momentum. If the $92,800 support cracks, expect a continuation to lower supports before potential rebound zones form.
📉 Caution: Manage risk. Market volatility may increase near the weekend.
