$BTC /USDC SHOWING BEARISH PRESSURE ⚠️📉 | TECHNICAL ANALYSIS INSIGHT
🔹 Current Price: $105,826.94
🔹 24h High/Low: $108,854.00 / $105,808.01
🔹 24h Volume: 3,656.01 BTC | 392.64M USDC
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📊 KEY LEVELS TO WATCH:
🔻 Resistance Zones:
$108,800 (Major resistance from last top)
$109,500 (Breakout zone to flip bullish)
🔻 Support Zones:
$105,000 (Critical short-term support)
$103,500 (Previous demand zone)
$100,000 (Psychological support)
💡 Price Action:
BTC is trading below the 4H support-turned-resistance of $108K. Consecutive lower highs and a rejection near $109K indicate strong selling interest. Current momentum hints at a continuation to the downside unless bulls reclaim key levels quickly.
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🔧 TRADE SETUP – SHORT ENTRY
💥 Entry: $106,200 – $106,800 (on weak bounce)
🎯 Targets:
TP1: $105,000
TP2: $103,500
TP3: $101,000
🛑 Stop Loss: $109,200
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⚠️ RISK MANAGEMENT:
🧠 Risk 1-2% max per trade.
🔒 Keep SL tight, especially in high-volatility zones.
🔻 Trend is your friend – and right now, it’s pointing down. Trade smart. 💼📊💣
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