Hello #BinanceSquareFamily! 👋 Let’s dive into a fresh short-term update on Bitcoin (BTC/USDT), informed by TradingView metrics and Binance Square signals — simplified, insightful, and straight to the point!
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📊 Market Snapshot
Current zone: $105K–$106K is proving to be resistance — multiple rejections signal caution.
Bearish divergence: RSI flattening and lower highs forming on the 1H/15M timeframes — classic short-term bearish signal .
Supply zone shorting setup: Sellers stepping in between $104.8K–$105K — a strategic area to watch closely .
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⚠️ Short‑Trade Setup
Level Strategy
Entry ~$104,800 – $105,200
Targets 1️⃣ $104,000 2️⃣ $103,500
Stop Loss ~ $105,600, just above recent high
If BTC can't break back above the $105K–106K ceiling, we may see a drop toward $104K or even $103.5K — prime for tactical short plays ⚡️
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🌟 Watch the Liquidity
Smart money has left liquidity below — meaning any dip could quickly reach $103.8K or $103.5K zones .
If BTC drops toward $104K but fails to hold, that's your green light for potential short entries.
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🛡️ What Traders Should Do
⏳ Be patient — await confirmation near the supply zone before entering.
🚨 Set tight SL (e.g., $105.6K–106K) to protect if price flips bullish.
💡 Trail your targets — let profits run to $104K then decide whether to lock in or hold.
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📅 Context & Community Vibes
This update aligns with Binance Square’s style: clear setups, unbiased data, and mix of TA + actionable signals .
No hype, no illusions — just grounded analysis and respect for the community vibe 😊.
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🎯 Final Take
Right now, BTC is struggling to escape the $105K–106K ceiling. Short-term bearish momentum is forming, driven by RSI divergence and supply zone strength. Smart traders are eyeing dips toward $104K–$103.5K for short opportunities — but confirmation is key.
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✅ Stay Smart. Trade Wise.
If you're trading this setup:
Wait for a high‑probability entry near that supply zone.
Manage risk with clear stop-loss and target rules.
Share your playbook on Binance Square — let’s grow together in this family! 🌱