$BTC /USDT BEARISH REJECTION AT $107.5K 🚨 | SHORT SETUP IN PLAY!
📉 Current Price: $107,300.08 (+0.24%)
---
🔍 Technical Overview:
$BTC has faced a strong rejection below $107,500, showing signs of weakness after a quick rally. Price action is forming a lower high, and selling pressure is increasing at intraday resistance. The setup favors bears with a clean short opportunity unfolding.
---
🔑 Key Levels:
🔥 Resistance Levels:
$107,495 – Intraday rejection zone
$107,600 – Key breakout barrier
$107,800 – Major resistance
🛡 Support Levels:
$107,000 – Near-term support
$106,844 – Target zone
$106,600 – Deeper support
---
🔴 Trade Setup (SHORT Entry):
Entry: $107,300 – $107,320
Take Profit (TP):
TP1: $107,000
TP2: $106,844
TP3: $106,600
Stop Loss (SL): $107,495
---
⚠️ Risk Management:
Limit position size to 1–2% risk per trade. Stick to your stop-loss and manage emotions. Avoid overtrading in choppy ranges — discipline = profits! 💼🔐
---