$BTC/USDT BEARISH PRESSURE BUILDING š»
FAILED TO HOLD ABOVE RESISTANCE
STRONG SELLING AFTER REJECTION
BEARISH MOMENTUM DOMINATES
š Key Levels:
Resistance: $106,128
Support: $104,865 / $104,300
Current Price: $105,308
š“ SHORT TRADE SETUP:
Entry Zone: $105,300 ā $105,500
Take Profit (TP): $104,800 / $104,300
Stop Loss (SL): $105,900
š” Market Outlook:
BTC faced a sharp rejection from $106K resistance and is now trading below MA(7), MA(25), and MA(99), indicating growing selling pressure. If it loses $104,865 support, further downside is likely.
ā Risk Management:
Always maintain proper SL & position sizing in volatile markets.
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