$BTC USDT BEARISH PULLBACK – WILL THE SUPPORT HOLD OR BREAK? ⚠️
BTC has faced rejection from $109,700 and is currently trading at $108,918.84. After making a lower low at $108,654.94, price is attempting a minor recovery but overall structure on the 15m chart remains bearish unless a strong breakout occurs above $109,300.
🔻 Trade Setup (Short):
Entry Zone: $108,920 – $109,050
Targets:
➤ TP1: $108,650
➤ TP2: $108,400
➤ TP3: $108,000
Stop Loss: $109,300
📊 Short Market Outlook:
BTC momentum is weakening with lower highs and lower lows on the intraday chart. Immediate support is at $108,650. If this breaks, expect deeper downside towards $108,000 in the upcoming sessions.
⚠️ Risk Management:
Always use tight SL and risk only 1-2% per trade to protect capital in this volatile market.
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buy and trade here on $BTC