Market Alert ๐จ
$BTC is showing signs of a potential downside move.
Key levels to watch:
$58K โ First major support (200 MA)
$55K โ Next target if breakdown continues
$48K โ 300 MA test zone
$38K โ Strong support in case of extended sell-off
If the current bear flag confirms, we could see a cascade toward these levels.
The market may move unexpectedly โ stay alert.
For now, short positions can be considered, but strict risk management is essential โ ๏ธ
Follow for timely updates ๐
BTCUSDT
Perp
67,697.1
+0.74%