$BTC
BEARISH PRESSURE MOUNTS – WATCH THE CRUCIAL SUPPORT! ⚠️📉
📉 Current Price: $103,543.25 (-1.85%)
🔺 24h High: $105,696.00
🔻 24h Low: $102,345.00
📊 Volume: 12,649.95 BTC | $1.31B USDT
📉 Technical Overview:
BTC is showing signs of downside continuation after rejecting from the $105.6K zone. With the price hovering just above $103.4K, a break below could lead to a retest of $102.3K and even lower. Momentum favors bears in the short term. 🐻
📌 Support Levels:
🟢 $103,400 – Immediate support
🟢 $102,345 – Daily low and key level
📌 Resistance Levels:
🔴 $104,800 – Short-term resistance
🔴 $105,700 – Rejection zone
🔻 Short Trade Setup:
Entry: $103,500 – $103,700
🎯 Targets:
✅ TP1: $102,800
✅ TP2: $102,350
✅ TP3: $101,500
🛑 Stop Loss: $104,850
⚠️ Risk Management:
🔸 Risk 1–2% per trade only
🔸 Move SL to entry after TP1
🔸 Avoid overtrading in volatile ranges
🚨 BTC losing steam – bears could drag it further down! 📉💥
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