🟥 $BTC

USDT BEARISH SETUP – DON’T GET CAUGHT IN THE TRAP!

Bitcoin is showing weakness on the 15m chart after a sharp rejection near $107,400. Currently trading at $105,670, it is struggling to reclaim short-term resistances, hinting at further downside.

🔑 Key Levels:

Resistance: $106,200 – $106,800

Support: $105,100 (major intraday support)

Current Price: $105,670

🎯 Trade Setup (Short Entry):

Entry Zone: $105,800 – $106,200 (wait for rejection confirmation)

Targets (TP):

➤ TP1: $105,100

➤ TP2: $104,800

Stop Loss: $106,500

📊 Market Outlook:

BTC is forming lower highs with no strong bullish momentum on this timeframe. Breaking below $105,100 could accelerate selling pressure towards $104,800 support. However, if it reclaims $106,200 with volume, short bias will be invalidated for scalpers.

⚠️ Risk Management:

Trade with 2-3% risk per position, maintain discipline, and avoid chasing moves without clear entry confirmation.

💬 Do you think BTC will hold above $105k today or break down further? Comment your view below!

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buy and trade here on $BTC