$BTC USDT – SHORT TRADE SIGNAL🔴
Key Resistance: $109,400 – $109,700
Breakdown Confirmed Below $108,600 Support
Bitcoin has broken below the intraday support zone, flipping the $108,600–$108,700 area into resistance. Price is forming lower highs and lower lows, indicating strong bearish pressure.
A bearish engulfing candle on the 30-min chart confirms momentum for further downside. The price is now trading near $108,400, targeting deeper levels below.
🔻Trade Setup:
• Entry Point: $108,600 – $108,400
• Stop Loss: $108,800
• Take Profit: $107,800
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
BTC remains under short-term bearish control with potential to drop towards $107,800. A close above $108,800 would invalidate the setup.
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