$BTC /USDT BEARISH SETUP 🔻 | SELL PRESSURE BUILDING BELOW KEY RESISTANCE!
📉 Current Price: $112,176.75
🔑 Resistance Levels: $113,500 🔼 | $114,800 🔼
🔑 Support Levels: $112,000 🔽 | $110,800 🔽 | $109,500 🔽
Bitcoin is currently struggling to break above $113,500 resistance and has been rejected multiple times in the last few sessions. Bearish momentum is increasing as volume fades on upward pushes. A sustained drop below $112,000 could lead to further downside.
📌 Trade Setup (SHORT Entry):
Entry: $112,300 - $112,600
Targets (TP):
🎯 TP1: $111,500
🎯 TP2: $110,800
🎯 TP3: $109,500
Stop Loss (SL): $113,600 🔒
📊 Risk Management Tips:
Always use SL to protect your capital. Risk 1-2% max of your portfolio per trade. Avoid overleveraging and stay disciplined with entries and exits.
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