$BTC /USDT Trading Signal - Bearish Momentum in Play
Signal: The current price action indicates strong bearish momentum as BTC has broken the $94,000 support level.
Entry for Short Position: $93,750 - $94,000
Targets:
Target 1: $93,300
Target 2: $92,800
Target 3: $92,200
Stop Loss: $94,600 (to manage risk effectively)
Observation: The increased volume on the downward candles confirms selling pressure. The next potential area of interest lies near $92,000, where support might hold.
Advice: Secure partial profits as the price approaches each target level. Adjust stop-loss to break even after the first target is hit.
