TCUSDT | Head & Shoulders Breakdown – Bearish Continuation Setup

Bitcoin 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