$BTC /USDT BEARISH RETEST – CRUCIAL ZONE AHEAD
Bitcoin (BTC/USDT) is currently trading around $108,308, facing selling pressure below $110K, signaling a potential bearish retest as bulls struggle to reclaim momentum.
KEY LEVELS:
Resistance Zone: $110,000 – $112,000
Immediate Support: $106,000
Major Demand Zone: $102,000 – $104,000
TRADE SETUP – SHORT POSITION
Price rejection under $110K resistance indicates weakness. Watch for confirmation before entry.
Entry: $108,500 – $109,800 (if retest fails)
Targets (TP):
• TP1: $106,000
• TP2: $104,000
• TP3: $102,000
Stop Loss (SL): $112,200 (Above resistance wick zone)
ALTERNATE SCENARIO – BREAKOUT WATCH
If BTC breaks and sustains above $112,000 with volume, a bullish continuation toward $115K–$118K is likely. Set alerts. Don’t chase.
RISK MANAGEMENT
Risk only 1–1.5% per trade.
Use a tight SL.
•Lock in profits as soon as TP1 is reached with a trailing stop.
Momentum fading. Patience wins.
Stay tuned for live updates on trend confirmation.
Want me to monitor this live and post updates at breakout zones?
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