š $BTC
BEARISH ANALYSIS ā POTENTIAL DOWNSIDE AHEAD! š»š£
š¹ Current Price: $108,037
š Bitcoin is struggling to sustain above the $108,500 zone, showing signs of weakness after rejection near $110,000 resistance.
šø Key Resistance Levels:
šŗ $108,500 ā Immediate resistance
šŗ $109,500 ā Strong overhead barrier
šŗ $110,500 ā Major resistance zone
šø Key Support Levels:
š¢ $107,920 ā Minor support
š¢ $107,000 ā Critical short-term support
š¢ $106,500 ā Breakdown trigger zone
š Trade Setup ā Short Entry
š„ Entry: $108,000 ā $108,500
šÆ Targets:
TP1: $107,000
TP2: $106,500
TP3: $105,800
š Stop-Loss: $109,100
ā ļø Risk Management Tip:
Never risk more than 1-2% of your capital per trade. Use position sizing and stick to your SL! šš”ļø