SellTheBounce

### BTCUSDT: Bearish Momentum Strengthens
🚨 Critical Support Breach Imminent! Brace for Further Downside!
#### 🔍 Key Bearish Signals:
1. Price Action & Trend:
- Current Price: $103,768 (down -1.67% in 24h).
- Trading near 24h low ($103,067.9) with failed rallies at $105,994.9 (resistance).
- Bollinger Bands: Price pressing LOWER BAND ($103,053.9) – a break below confirms bearish acceleration.

2. Oscillators Scream Oversold but NO Reversal:
- RSI(6): 24.6 (deeply oversold, but no bullish divergence).
- Stochastic RSI: 1.3 (extremely oversold, yet trending down).
- Williams %R: -88.0 (oversold, but momentum favors bears).

3. Momentum & Volume:
- MACD: Bearish widening (-315.1) – DIF/DEA sharply negative.
- OBV (On-Balance Volume): -28,105 – Selling pressure dominates.
- 24h Volume: $3B – Panic selling evident.

4. Liquidation Risks:
- Long/Short Ratio: 75.48% longs vs. 24.52% shorts.
- Liquidation Magnet: A drop below $103,050 could trigger mass long liquidations.
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#### 🎯 Strategy for Traders:
- SHORT setups below $103,050 (target: $102,000 → $101,200).
- Stop-loss: Tight above $104,700 (Middle Bollinger Band resistance).
- Avoid longs until RSI(6) > 50 + MACD flip (no signals yet).
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🔥 Final Call:
BEARISH – Capitalize on breakdowns. Bulls need a miracle!


#BTC #Crypto #Binance #Bearish #SellTheBounce #TechnicalAnalysis

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💬 Your Move:
Watch $103,050 like a hawk. Break = Liquidation cascade! Stay safe!