$BTC TRYING TO STABILIZE – BUT SELL PRESSURE REMAINS HEAVY
$BTC/USDT is trading at $102,970.13, down -0.90% on the day. Price is recovering slightly from the session low of $102,612.50, but key resistance near $103,200 is still capping upside momentum.
Key Levels
• Resistance: $103,200 – Breakout may push toward $103,800 and $104,550
• Support: $102,600 – Breakdown risks $101,800 and $100,500
Trade Setup
Bullish
• Entry: Above $103,200
• TP1: $103,800
• TP2: $104,550
• SL: Below $102,600
Bearish
• Entry: Below $102,600
• TP1: $101,800
• TP2: $100,500
• SL: Above $103,200
Market structure is fragile with overwhelming sell-side dominance—wait for a decisive move beyond key levels before entering.