💰 $BTC /USDT BEARISH SETUP – KING COIN FACING RESISTANCE AT THE TOP! 📉

Bitcoin is trading at $105,818, down -0.94%, showing signs of exhaustion after testing the $109K resistance zone.

🔍 KEY LEVELS:

🔻 Resistance: $108,000 – $109,600

🟢 Support: $105,400 – $103,800

📉 Current Price: $105,818.63

📊 TECHNICAL OUTLOOK:

BTC rejected from $109K and is now hovering just above key support. Bearish divergence is forming on lower timeframes. A breakdown below $105,400 could accelerate selling.

💥 TRADE SETUP – SHORT POSITION

🔸 Entry: $105,800 – $106,200

🎯 Target 1 (TP1): $105,000

🎯 Target 2 (TP2): $103,800

❌ Stop Loss (SL): $108,200

📌 RISK MANAGEMENT:

Risk no more than 1–2% per trade. BTC can move sharply, so manage leverage cautiously and set alerts for key breaks. 🛡️

⚠️ Caution at Highs – Bears May Take the Lead! ⚠️

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