BTCUSDT: Sellers Defend Resistance - Support Zone at $85,200Hello everyone, here is my breakdown of the current BTCUSDT setup.
Market Analysis
BTCUSDT previously moved inside a clear downward channel, confirming strong bearish pressure. After reaching the lower boundary, price produced a temporary bounce and broke above the channel, but this move failed to develop into a sustainable bullish trend. Instead, BTC entered a consolidation range below the key 88,000 Resistance Zone, showing clear hesitation from buyers. Following the range formation, price developed a descending triangle structure, with lower highs forming along the Triangle Resistance Line and support being tested near the 85,200 Support Zone. Multiple fake breakouts above resistance and below support indicate liquidity grabs rather than true reversals. Recent price action shows rejection from the Resistance Zone and a failure to reclaim the upper range, suggesting seller dominance is returning.
Currently, BTCUSDT is trading below the 88,000 Resistance Zone and remains capped under the Triangle Resistance Line, keeping bearish pressure intact.
My Scenario & Strategy
My scenario is short-biased as long as BTCUSDT stays below the 88,000 Resistance Zone and the Triangle Resistance Line. I expect price to continue drifting lower toward the Triangle Support Line, with a primary target at the 85,200 Support Zone. A confirmed breakdown below this support would signal continuation of the bearish trend and open the path for deeper downside.
However, if price instead breaks and holds above 88,000 with strong momentum, the short scenario would be invalidated. Until that happens, rallies into resistance are viewed as selling opportunities.
That’s the setup I’m watching. Trade carefully and always manage your risk.
