⚠️ $BTC /USDT – Bearish Pressure at $105K!
Current Price: $105,163.76
24H High / Low: $108,952 / $105,000
Change: -2.38% on the day
Chart TF: 15m – Consistent red candles with weak bounce attempts
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📉 Market Structure:
Bitcoin continues to post lower highs and lower lows. Bulls are struggling to hold key psychological levels. The bounce attempts are being sold off quickly.
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🔑 Key Levels:
🔻 Support: $105,000 (critical psychological + demand zone)
🔺 Resistance: $106,200 → $106,800
⚠️ Breakdown Trigger: Clean 15m close below $105K = risk of cascading sell-off
⚠️ Recovery Trigger: Reclaim of $106,400 with strong volume
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📊 Trade Setup (Short Bias):
🔹 Entry Zone: $105,600 – $106,000 (weak retest zone)
🎯 TP1: $104,500
🎯 TP2: $103,300
🛑 SL: $106,450
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💡 Pro Tip:
Volume is increasing near the bottom, signaling a possible trap or continuation. Wait for confirmation candles—no need to rush!
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🚨 If $BTC breaks $105K convincingly, expect volatility and deeper pullbacks. Stay sharp and manage risk!
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