$BTC /USDT short tread single 🚦🔴
BEARISH MOVE INTENSIFIES — LOWER LOWS SIGNAL FURTHER DOWNSIDE!
Bitcoin is trading at $104,611 after rejecting from the $106,000 zone. The market shows consistent lower highs and a fresh lower low at $BTC 104,179. Despite minor recovery attempts, bearish pressure remains dominant with failed candle closures above $105,056.
Trade Setup (SHORT):
Entry: $104,800 – $105,200
Target 1: $104,000
Target 2: $103,200
Stop Loss: $105,700
Why Short?
The 1H chart displays a classic descending channel pattern with rejection at key resistance levels. Volatility is high, and the failure to break and hold above $105,500 hints at potential continuation toward lower support. RSI remains weak, confirming momentum favors sellers.
Risk Management Tip:
Stick to your stop above $105,700 — structure invalidation happens beyond this level. Always manage your position size carefully when trading breakdowns.
Sell smart — don’t chase green candles when the trend is turning red!
#BlackRockETHPurchase #TrumpTariffs
buy and trade here on $BTC
