$BTC
USDT – BEARISH REJECTION FROM KEY SUPPLY ZONE, POTENTIAL DOWNSIDE MOVE AHEAD! 🔻
$BTCUSDT is showing clear rejection from the supply zone around $109,200, currently trading at $108,839 (-0.08%). Sellers are stepping in strongly, indicating possible continuation towards lower support levels intraday.
🔑 Key Levels:
Support: $107,400 – immediate downside target zone
Resistance: $109,680 – key resistance and supply zone
Current Price: $108,839
🎯 Trade Setup:
SHORT ENTRY:
Entry Zone: $108,900 – $109,200
Take Profit 1: $108,200
Take Profit 2: $107,400
Stop Loss: $109,700
📊 Market Outlook:
Price action shows a strong bearish engulfing near resistance with increasing volume, suggesting sellers’ dominance. Failure to break above $109,200 will likely lead to a downside move targeting the $107,400 demand zone.
⚠️ Risk Management:
Always enter with confirmation candles near resistance. Use strict SL to protect capital, risk only 1-2% per trade, and avoid emotional entries during volatile market swings for consistent trading discipline.
💬 Comment “🔻” if you’re watching this BTC bearish move unfold and follow for premium daily crypto setups and sniper market insights.
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