$BTC /USDT BEARISH PRESSURE BUILDING — RETESTING SUPPORT ZONE!
#Bitcoin is trading around $103,400 after facing rejection near the $106,000 mark. Price action shows consistent lower highs, with sellers actively defending key resistance levels. The market is now leaning toward a support retest near the $102,000-$101,600 region, where further breakdown could accelerate the drop.
Trade Setup (Short):
Entry: $103,600 - $104,000
Take Profit: $102,000 / $101,200 / $100,800
Stop Loss: $105,200
Market Outlook:
Momentum favors the downside as BTC fails to reclaim upper zones. A clean break below $102K could open doors to deeper levels. Risk management is key — watch for bounce zones or breakdown confirmations.
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