Here is your professional, aggressive, and structured technical analysis post for your shared BTC chart:
$BTC USDT – BEARS DOMINATE AS BTC FAILS TO HOLD ABOVE KEY MOVING AVERAGE!
Bitcoin is struggling to break above its MA60 near $107,670, showing weakness below this resistance zone. The price currently trades at $107,628, reflecting continued selling pressure. Expect further downside if bulls do not step in immediately.
🔻 Trade Setup (Short Entry):
Entry Zone: $107,600 – $107,700
Targets (TP):
➤ TP1: $107,300
➤ TP2: $107,000
Stop Loss (SL): $107,850
📊 Market Outlook:
BTC is under bearish momentum as sellers remain strong (81% sell vs 18% buy on order book). Failing to reclaim MA60 may push prices to retest immediate support levels. Volume spikes indicate active selling phases, suggesting caution for long entries until clear reversal signals emerge.
💡 Risk Management:
Always use SL and risk only 1-2% of capital per trade to protect against unexpected volatility.
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buy and trade here on $BTC
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