BTCUSDT Bearish Setup: Targeting Key Support
Dear friends! After breaking the uptrend line, the price has retested the nearest resistance zone. If the price continues to fail to break above this resistance zone, a sell order may be triggered.
Entry point: Around the resistance zone at 62,600 - 62,900 USDT.
Target: Next support zone around 61,712 and further at 61,248 USDT.
Stop loss: Above the resistance zone, around 63,075 USDT, to protect capital if the price rises above this level.
Entry point: Around the resistance zone at 62,600 - 62,900 USDT.
Target: Next support zone around 61,712 and further at 61,248 USDT.
Stop loss: Above the resistance zone, around 63,075 USDT, to protect capital if the price rises above this level.
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