#BTCUSDT shows signs of reversal

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📉 SHORT BTCUSDT.P from $82,125.0
🛡 Stop loss: $82,976.0

🕒 Timeframe: 4H

✅ Overview:

➡️ The BTCUSDT.P chart shows a rising wedge — a typical bearish pattern.
➡️ Price hit the upper wedge boundary and started to decline, breaking support.
➡️ A second top (Top 2) has formed on weakening volume, signaling a possible reversal.
➡️ The POC at $82,490.8 has been broken — price is holding below it, strengthening the bearish case.

🎯 TP Targets:
💎 TP 1: $81,430.0
💎 TP 2: $80,887.0
💎 TP 3: $80,485.0

📢 Additional scenario notes:
📢 Entry activates upon breakdown and consolidation below $82,125.
📢 Watch for increased volume at key TP levels for confirmation.
📢 A move above $82,976.0 invalidates the setup — stop placed just above key resistance and wedge top.

🚀 BTCUSDT.P shows signs of reversal — a corrective move to the downside is expected.

Penafian

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