$BTC /USDT – Bearish Drop with Early Signs of Support! 📉
Current Price: $103,864.40
📉 Market Structure:
$BTC faced heavy rejection from the $108K+ zone, dropping sharply to test support near $102.6K. Current candles show minor relief but trend still favors sellers.
📌 Key Levels:
Support: $102,600
Resistance: $105,000 – $107,000
🔧 Short-Term Setup (Rebound Watch):
Entry Zone: $103,400 – $103,800
TP1: $105,000
TP2: $106,800
SL: $102,200
💡 Pro Tip:
Use tight risk management. If BTC closes above $105K with strong volume, bulls might regain momentum. Otherwise, this relief could be short-lived.
⚠️ Caution: Volatility is high. Wait for confirmation before scaling in.
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