BTC
102,424.77
+0.27%
$BTC is currently testing a major resistance zone around $109,300 – $109,700.
I’ll wait for a bearish candle formation (1 to 5 minute timeframe) from this resistance area before taking a short entry.
🔹 Entry Trigger:
If a clear bearish candle forms from this zone.
🔹 Stop-Loss:
Just above the resistance — around $109,700+.
🔹 Target Zones:
1️⃣ $108,500
2️⃣ $108,300 – $108,000
💡 Analysis Insight:
This resistance has already shown reaction earlier. A bearish candle confirmation here could indicate short-term rejection and pullback.
⚠️ Note:
No entry without confirmation candle — patience is key.
Educational purpose only, not financial advice.