$BTC /USDT BEARS IN CONTROL — KEY SUPPORT ZONE BEING TESTED!
$BTC /USDT is trading around $102,939 after a sharp -0.90% dip, testing the lower range of its current consolidation zone. The price is struggling to hold above $103K, with bears pressing toward the $102,600–$102,400 support area. A breakdown below this could trigger accelerated downside momentum.
Trade Setup (Short):
Entry: $103,000 – $103,300
Take Profit: $102,000 / $101,200
Stop Loss: $104,200
Market Outlook:
Bitcoin's recent rejection from the $104.5K region signals exhaustion. If price fails to reclaim $103.8K soon, further correction is likely. RSI and volume both lean bearish on lower timeframes.
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