TCUSDT | Head & Shoulders Breakdown – Bearish Continuation Setup

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TCUSDT | Head & Shoulders Breakdown – Bearish Continuation SetupBitcoin / TetherUSBINANCE:BTCUSDTTradesWithDexterBitcoin has formed a classic Head & Shoulders reversal pattern on the 1H timeframe, signaling a potential shift from bullish momentum to bearish pressure. The neckline breakdown confirms the pattern, and price is now positioned for a possible continuation toward the measured downside target. As long as BTC remains below the neckline and key resistance, sellers are likely to stay in control. Trade Plan: 🔴 Bias: Bearish 📉 Pattern: Head & Shoulders Breakdown ✅ Confirmation: Neckline break with bearish momentum ⚠️ Invalidation: A strong close above the right shoulder/high resistance zone. Always wait for confirmation and manage your risk accordingly. 📊 Trade Levels 📌 Entry (Sell): 64,740 – 64,500 🛑 Stop Loss: 65,727 🎯 Take Profit 1: 64,000 🎯 Take Profit 2: 63,600 🎯 Final Target: 63,248 📉 Risk-to-Reward: Approximately 1:2.5