$BTC /USDT BEARISH PRESSURE BUILDING ⚠️ | TECHNICAL ANALYSIS UPDATE
📊 Current Price: $105,528.71
🔼 24h High: $106,488.14
🔽 24h Low: $104,964.14
📉 24h Volume: 8,436.20 BTC / 892.01M USDT
Bitcoin is showing signs of exhaustion near the $106,500 resistance zone. Price has failed to sustain above $106K and is currently trading lower with decreasing momentum. A breakdown below $104,960 could confirm a short-term bearish setup.
🔥 TRADE SETUP: SHORT
📤 Entry: On 15m close below $104,960
🎯 Targets (TP):
• TP1: $104,000
• TP2: $102,800
• TP3: $101,500
🛑 Stop Loss (SL): $106,500
⚠️ RISK MANAGEMENT:
🔹 Risk only 1-2% of your total capital
🔹 Maintain a Risk:Reward ratio of 1:2 or better
🔹 Stick to the plan — no emotional exits!