$BTC Key support breakdown, bearish continuation.
🔴 SHORT $BTC /USDT: price is expected to FALL
Bias: SHORT · Bearish structure reinforced
Entry: 78.800 – 78.900
TP1: 78.200 (-0.9%)
TP2: 77.500 (-1.8%)
TP3: 76.800 (-2.7%)
SL: 79.200 (+0.4%)
Plan: enter only within the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to the entry price after TP1.
Why SHORT?
High at 81.953 with strong rejection and a drop on increasing volume
Broke through a key support zone → lower highs and lower lows structure
Order book: 30.33% supply vs. 69.67% demand, but price is falling → institutional selling is absorbing all demand
-2.89% today / -4.80% in 7 days → negative trend developing
My take: As long as it doesn't break above 79.200, every bounce is a selling opportunity. Breaking 78.200 confirms a drop toward 77.500–76.800; reclaiming 79.500 invalidates the plan.#Binance
🔴 SHORT $BTC /USDT: price is expected to FALL
Bias: SHORT · Bearish structure reinforced
Entry: 78.800 – 78.900
TP1: 78.200 (-0.9%)
TP2: 77.500 (-1.8%)
TP3: 76.800 (-2.7%)
SL: 79.200 (+0.4%)
Plan: enter only within the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to the entry price after TP1.
Why SHORT?
High at 81.953 with strong rejection and a drop on increasing volume
Broke through a key support zone → lower highs and lower lows structure
Order book: 30.33% supply vs. 69.67% demand, but price is falling → institutional selling is absorbing all demand
-2.89% today / -4.80% in 7 days → negative trend developing
My take: As long as it doesn't break above 79.200, every bounce is a selling opportunity. Breaking 78.200 confirms a drop toward 77.500–76.800; reclaiming 79.500 invalidates the plan.#Binance
