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BTCUSDT – Bearish Continuation Setup...

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BTCUSDT – Bearish Continuation Setup
BTCUSDT is showing weakness after rejecting the descending trendline and the highlighted resistance zone around 64,500–64,700. Price remains below the dynamic resistance structure, suggesting that sellers are still in control of the short-term trend.
The recent rejection confirms bearish pressure, and a breakdown below the current support area could trigger a move toward lower liquidity zones.
Targets: 🎯 TP1: 62,200
🎯 TP2: 61,000
🎯 TP3: 60,700 (Main Target Zone)
Stop Loss: 🔴 Above 64,700 resistance
Market Bias: 📉 Bearish
Key Levels: • Resistance: 64,500 – 64,700
• Support: 62,200
• Major Target Zone: 60,700 – 61,000
Analysis: BTCUSDT continues to trade beneath a major descending trendline while facing repeated rejection from resistance. The current structure suggests a bearish continuation pattern, with momentum favoring sellers. A confirmed break below support could accelerate downside movement toward the highlighted target zones. As long as price remains below the resistance area, the bearish outlook remains valid.
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