🚨 $BTC
USDT BEARISH PRESSURE BUILDING – WILL 105K HOLD OR BREAK?
Bitcoin ($BTCUSDT) is currently trading at $105,420, showing strong bearish momentum on the 15m chart after failing to sustain above $107,000. Price is testing its last minor support zone near $105,387 (24h Low).
🔑 Key Levels:
Resistance: $106,500 – $107,000
Support: $105,387 (immediate) and $105,000 (psychological level)
Current Price: $105,420
📉 Trade Setup (Short):
Entry: $105,500 – $105,400
Take Profit 1: $105,000
Take Profit 2: $104,500
Stop Loss: $106,000
📊 Market Outlook:
BTC is showing consistent lower highs and lower lows, confirming downtrend continuation on intraday timeframes. If $105,000 breaks decisively, further downside towards $104,500 is likely. Watch for high volatility around this key psychological support.
⚠️ Risk Management:
Use proper position sizing, risk only 1-2% per trade, and stick to SL to avoid emotional exits in rapid BTC moves.
💭 Do you think BTC will bounce from here or continue its bearish slide? Comment your thoughts below! 👇
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buy and trade here on $BTC