$BTC /USDT Trading Signal - Bearish Continuation Pattern?
Entry Suggestion:
Consider entering a short position in the range of 93,800 - 94,200 USDT.
Targets:
Target 1: 92,500 USDT
Target 2: 91,800 USDT
Target 3: 90,500 USDT
Stop Loss:
Place a stop loss slightly above 94,800 USDT to protect against unexpected reversals.
Market Observation:
BTC/USDT has broken below key support levels, signaling further downside potential. A descending price trend with declining volume suggests bearish sentiment in the short term. Monitor for possible consolidation near the first target zone before a further drop.
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