BTCUSDT Bearish Setup: Targeting Key Support
2024-10-08

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.