Hello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. BTCUSDT previously rallied higher and formed a Rounding Top near the highs, where sellers rejected the upside and price turned around. Price then broke below the ascending structure and is now trading under the Seller Zone. Currently, BTCUSDT is trading below the 84,400 Seller Zone while holding above the 81,400 Buyer Zone. The Rounding Top and recent rejection suggest a possible continuation lower toward support. As long as BTCUSDT remains below the 84,400 Seller Zone and fails to reclaim the broken structure, the bearish scenario remains valid. A continuation lower could push price toward the 81,400 Support Level (TP1). However, a breakout and close above 84,400 would weaken the bearish outlook and increase the possibility of further upside. Please share this idea with your friends and click "Boost" 🚀
