🔎 Chart & Market Analysis
• Current Price: 111,590.27 USDT
• 24h High / Low: 112,350.00 / 109,189.99
• Trend: After reaching 112,350, the price is consolidating and slowly declining with lower highs and lower lows.
• Support Zones:
• 111,307
• 110,931
• 110,555
• Resistance Zones:
• 111,683
• 112,059
• 112,350
📉 Low Trade Signal
• Entry (Sell): Around 111,600 – 111,700
• Take-Profit Targets:
1. TP1: 111,300
2. TP2: 110,930
3. TP3: 110,550
• Stop-Loss (SL): Above 112,050 – 112,100 (to protect against reversal).
⚠️ Risk Notes
• Volume is relatively stable, but price action shows weakening buying pressure.
• Ensure strict SL management since BTC can spike quickly.
• Better for short-term scalping / intraday trade on this timeframe.
👉 This setup is bearish in the short term unless BTC breaks above 112,000 with strong volume.$BTC