$BTC Showing Early Signs of Weakness – Bears Gaining Ground
Current Price: $105,542.27 (+1.21%)
24h Range: $103,929.27 – $106,524.65
24h Volume: 10,109.13 BTC / 1.06B USDT
Support Levels: $105,129.81 and $104,626.75
Resistance Levels: $106,135.92 and $106,524.65
Bitcoin initially displayed strength but is now stalling near key resistance, with momentum fading. Selling pressure is returning, and signs of fatigue are emerging. A breakdown below $105,100 could trigger a short-term bearish reversal.
Unless BTC decisively reclaims $106,500 with strong volume, upside potential appears capped.
Trade Setup (Short Bias):
Entry: $105,350 – $105,700
Targets:
TP1: $105,100
TP2: $104,900
TP3: $104,700
Stop-Loss: Above $106,300
Watch closely — BTC bulls need a breakout soon to maintain control.