$BTC /USDT – BEARISH PRESSURE BUILDING
Bitcoin is facing rejection near $109,700, failing to maintain momentum above key resistance. With the current price at $107,912, a potential downside correction could unfold if bulls don’t step in soon.
KEY LEVELS:
Resistance: $109,700 – Strong supply zone where sellers are active
🔹 Support: $106,500 – Critical level to watch for a breakdown
🔹 Current Price: $107,912
TRADE SETUP (SHORT):
Entry: $108,200–108,800 (if price rejects lower highs again)
Targets (TP):
TP1: $107,000
TP2: $106,500
TP3: $105,200
Stop Loss (SL): $109,800 (above last swing high)
RISK MANAGEMENT:
Risk only 1–2% per trade.
Maintain strict SL discipline.
Let the setup come to you—don’t chase the price!
Trade smart, stay patient!
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