$BTC /USDT BEARISH MOVE IN PLAY! ⚠️📉
📊 Technical Analysis:
Bitcoin is showing weakness near resistance, with rejection signs evident across key moving averages. Price action is below all major MAs (MA7, MA25, MA99), confirming a short-term bearish trend.
📍 Current Price: $104,900.76
🔻 Resistance Levels:
R1: $105,400 – MA25
R2: $106,130 – 24h High / Major rejection zone
🛡️ Support Levels:
S1: $104,300 – Strong horizontal support (24h Low)
S2: $103,500 – Psychological & prior bounce zone
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💼 TRADE SETUP: SHORT ENTRY 📉
🎯 Entry: $105,000 - $105,200 (pullback into resistance)
🎯 TP1: $104,300
🎯 TP2: $103,500
⛔ SL: $106,200 (above 24h high & invalidation zone)
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🧠 Risk Management Tips:
Risk only 1-2% per trade 💰
Use stop-loss always 🚫
Adjust position size based on volatility
🚨 Stay sharp! The bears are circling.
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