💥 $BTC /USDT Technical Snapshot — Bears in Control! 💥

Current Price: $122,164

24h Change: −2.19%

Range (24h): $121,695 – $126,199

Volume: 19,910 BTC (≈$2.48B)

⚙️ Market Structure (1H Chart)

Bitcoin faced a strong rejection from $126,199, printing a clear lower high and slipping beneath the crucial $123,500–$124,000 support zone. The short-term structure has flipped bearish, signaling a shift from sideways consolidation into a correction phase.

Momentum now favors the sellers — and unless BTC reclaims key resistance levels, the downside pressure could intensify.

🧭 Key Levels to Watch

Immediate Resistance: $123,500 – $124,000

Key Resistance: $126,200 (recent swing high)

Immediate Support: $121,700 – $121,500 (24h low)

Strong Support: $119,200 – $118,900 (liquidity zone & previous bottom)

🎯 Trading Plan (Short Setup)

Entry (Short): $122,800 – $123,200 (minor retrace zone)

Stop-Loss: Above $124,500

Take-Profit 1: $121,700

Take-Profit 2: $119,800

Take-Profit 3: $118,900

⚖️ Risk Management

Keep exposure below 2% per trade — volatility remains high, and a short-term bounce from $121K is possible as lower timeframes show oversold signals.

#KlinkBinanceTGE

#BNBMarketCapThirdLargest

#WhaleWatch

#PerpDEXRace

#USETHETFSupportsStaking