$BTC
/USDT Technical Analysis & Trade Signal ๐ง
๐ป Trend: Bearish Pullback (-0.94%)
๐น 24h Range: $102,345 โ $106,524
๐น Current Action: Struggling below $104K after sharp rejection from $106.5K
๐น Pattern: Double top near $106K and falling with lower highs forming on 4H chart
๐ Short-Term Bearish Signal:
๐ฅ Sell Zone (Bounce Entry): $103,600 โ $103,800
๐ Targets:
๐ฏ T1: $102,500
๐ฏ T2: $101,200
๐ฏ T3: $99,800
๐ก๏ธ Stop-Loss: Above $104,400
๐ง Market Outlook: BTC showing weakness after rejection at $106.5K resistance. As long as price stays below $104.5K, expect more downside. A breakdown below $102K could accelerate bearish momentum toward $100K.