⚠️ $BTC /USDT – Rejection at $105.6K, More Downside Likely!
Current Price: $104,726
24H High / Low: $106,284 / $103,371
Change: -1.38%
Chart TF: 15m – Lower highs forming, bearish continuation in play
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📉 Market Structure:
$BTC is consistently getting rejected from $105.5K–$105.8K resistance. The bounce attempts are weak and sellers are stepping in aggressively. Currently forming a lower high and heading toward demand.
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🔑 Key Levels:
🔻 Support Zone: $103,500
🔺 Major Resistance: $105,800
⚠️ Breakdown Trigger: Below $104,300 with momentum
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🧠 Short Setup (Cautious Play):
🔹 Entry Zone: $104,900 – $105,200
🎯 TP1: $104,000
🎯 TP2: $103,300
🛑 Stop Loss: $105,850
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💡 Pro Tip:
Watch the $104,300 level closely. If broken with volume, expect a flush into $103K. Ideal for short scalps with tight risk!
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🚨 $BTC is under pressure again! Bulls need to reclaim $105.8K fast or the slide could extend. Stay alert and play the levels smart!
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