BTCUSD Bearish Breakdown Setup – Support Under Pressure, 72.6K

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BTCUSD Bearish Breakdown Setup – Support Under Pressure, 72.6K Bitcoin / U.S. dollarBITSTAMP:BTCUSDTrade_ActionKey Levels 🔹 Resistance: 73,900 – 74,100 🔹 Current Price: 73,401 🔹 Support: 73,200 🔹 Major Support / Target Zone: 72,500 – 72,700 Bearish Scenario Price is currently testing the lower boundary of the structure. A confirmed break below 73,200 support could trigger a stronger sell-off. Downside targets: TP1: 73,000 TP2: 72,800 TP3: 72,600 (major demand zone) Bullish Invalidation If BTC closes above 74,100, the bearish setup becomes weaker and buyers could attempt a move toward higher highs. Trading Idea SELL below 73,200 Entry: 73,150 – 73,200 Stop Loss: 74,100 Take Profit: 73,000 → 72,800 → 72,600