$BTC /USDT is showing increasing bearish pressure, suggesting a possible short-term downside move.


Position: Short
Entry Zone: $75,716.6 – $75,700.1
Stop Loss: $77,900.0
Take Profit 1: $75,544.5
Take Profit 2: $75,300.0
Take Profit 3: $75,000.0
Recent price action indicates rejection from the $77,900 resistance area, where sellers have stepped in strongly. Momentum is fading around the current support zone near $75,700, and if this level breaks, price could continue sliding toward lower targets.
First downside reaction is expected around $75,544, followed by $75,300, with $75,000 as the extended target if selling pressure continues.
Risk is managed with a stop loss placed above $77,900 in case the market reverses and invalidates the bearish setup. Overall, structure is leaning toward a short bias in the short term.
BTC-0.62%
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