BTCUSDT – Bear Flag Breakdown Imminent?

Price is forming a textbook bear flag following the sharp drop from ~108.8K.
The structure shows rising lows in a tight channel, typically a pause before further downside.

📉 Bear Flag Anatomy:

Breakdown support: ~104,000

Measured move target: 98,810

RSI: 49.94 — hovering just below neutral, watch for dip <40 for breakdown confirmation.

Volume: Still low — waiting for a spike to confirm supply pressure.

🧨 Trigger Conditions:

4H close below flag support

RSI < 40

Volume spike above 20-bar average (~1.96M)

🎯 Short Plan:

Entry: Rejection from the fib golden pocket or flag support breakdown

TP: 98,800 (pattern target, confluence with prior support)

🔍 If confirmed, this breakdown could mark the start of a Phase E markdown in Wyckoff terms.

💬 Let me know your thoughts below — are you shorting this flag or expecting a fakeout?

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