$BTC /USDT BEARS PRESSURE PRICE BELOW RESISTANCE – WATCH $112K SUPPORT!

Immediate Market Move:

Bitcoin is trading at $113,428 (-0.68%), consolidating just below resistance levels at $113,989 – $114,341. The SAR at $113,646 signals selling pressure, and if BTC fails to hold above $113,287, it could retest the lower support near $112,656 – $112,584.

Trade Setup:

Short Entry: $113,400 – $113,600

Take Profit (TP): $112,936, $112,656, $112,584

Stop Loss (SL): $114,341

Market Outlook:

BTC/USDT is showing bearish consolidation as it struggles to break higher. A failure to reclaim $114,000 may lead to another correction toward the $112K support zone. However, if buyers defend $112,600 successfully, we could see another rebound attempt.

Key Levels:

Support: $112,936, $112,656, $112,584

Resistance: $113,989, $114,341

#BTC #CryptoAnalysis #BearishTrend #USDT #Bitcoin

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