💎 Price: approx $109,117 USD
📈 Trend: Slightly bearish / vulnerable — key indicators show weakness and limited upside in the short term.
👉 Short-entry (Sell): Enter below ~ $112,000 USD (if price rallies to that zone and fails to break higher)
🎯 Target: ~ $100,000 USD (next meaningful support cluster)
🛑 Stop-Loss: ~ $115,500 USD (above recent resistance)
🧠 Market Note:
BTC is in a range bounded by resistance around ~$112k-$115k and support near ~$100k. A failure to reclaim highs increases chances of a drop toward support.
Technical summary shows “Neutral” to “Sell” signals on daily timeframe.
For your futures-style short trade: wait for a bounce into the resistance zone, confirm rejection (bearish candle, volume spike) and enter short with a tight stop loss.