BTC/USDT - Resistance rejection! Potential sell setups coming! 🔻
Current price: $109,282
The price of $BTC BTC rose to approximately $109,800, but it now shows rejection at the top with multiple wicks, indicating potential short-term exhaustion.
Current price: $109,282
The price of BTC rose to approximately $109,800, but it now shows rejection at the top with multiple wicks, indicating potential short-term exhaustion. Sell setup:
Entry zone: $109,300 - $109,600
Target 1: $108,600
Target 2: $107,900
Target 3: $107,200
Stop loss: $110,000
Main resistance:
$109,600 - $109,850
Psychological barrier: $110,000
Support levels:
$108,600
$107,200 (24-hour low)
Market overview:
This 30-month chart shows potential rejection of a double top pattern, with difficulty breaking the price above its local highs. If Bitcoin fails to recover the $109,600 level, a short-term pullback is likely.
Professional advice:
Use precise risk management. If the price recovers the $110,000 level with high trading volume, this setup will be canceled.
Stay cautious - Bitcoin price is volatile near these levels! $BTC
BTCUSDT
Permanent
109,275.2
+1.49%
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