📉 Price Action Alert: Bears hold firm below $102.9K, eyeing sub-$102K support.
#Bitcoin has once again failed to break above the $102,946 level, showing repeated rejections and forming a lower high on the 15-minute chart. These intraday failures highlight a growing bearish presence and increasing sell pressure.
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🔻 Short Trade Idea:
• Entry: $102,350
• Target: $101,500
• Stop Loss: $102,950
• Risk-Reward: ~1.4x
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⚠️ Key Zone to Watch:
A breakdown below $101,800 could lead to a sharp drop. Momentum remains in the bears’ favor unless buyers push price back above $103K with strong volume.
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💡 Scalping Tip:
Stick to your stop-loss. Take profits around $101.5 and reevaluate from there. Stay alert and nimble.
#BTCUSDT #BinanceFutures #CryptoTrades #BearishOutlook #ScalpSetup #MarketUpdate #Write2Earn
---$BTC
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