🚨 $BTC USDT.P – Complete Multi-Strategy Technical Analysis

1) Dow Theory – Market Structure: Bearish
BTC continues to form lower highs and lower lows, indicating continued selling pressure.

2) Support & Resistance:

- 78,810 – Strong Resistance
- 76,200–76,500 – Potential Short Entry Zone
- 75,000 – Local Support
- 74,800 – Previous Swing Low
- 70,075 – Major Support

3) Trendline & Channel:
BTC is trading inside a descending channel. A rejection from channel resistance could create another short opportunity.

4) RSI Analysis: Neutral to Weak Bearish.

5) Volume Analysis:
Strong selling volume appeared during the major breakdown, showing bearish pressure.

📉 Trading Strategy – SHORT

1. Wait for BTC to test 76,200–76,500.
2. Watch for bearish rejection.
3. Confirm the setup with RSI and volume.
4. Enter SHORT only after confirmation.
5. Take partial profit at TP1 and move SL to breakeven.

Market Bias: 🔴 BEARISH

Key Levels to Watch: 75,000 → 74,800 → 70,075.

⚠️ Wait for confirmation before entering. Avoid chasing price during volatile movements.

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