BTC/USDT Chart Analysis🚨
Current Market Situation📊
BTC is currently in a bearish structure, exhibiting a clear downtrend 📉.
Key Observations🔍
1️⃣ Intermediate-term High (ITH):
A notable high point has been established 📈.
2️⃣ Impulsive Bearish Move:
A swift and decisive downward move has occurred 💸.
3️⃣ Intermediate-term Low (ITL): A significant low point has been reached 📊.
Current Price Action📊
The price is currently experiencing a pullback and consolidating near the premium zone ⚖️.
Trading Strategy📊
1️⃣ _Wait for the Price to Test the Order Block_: Anticipate selling pressure to drive the price down 🔴.
2️⃣ Target the Discount Zone: Aim for a potential target of $58,425.36, near the previous low
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