$BTC /USDT BEARISH REVERSAL IMMINENT
š Current Price: $114,680
š 24h High / Low: $115,000 / $112,980
ā° Timeframe: 4H Chart
š Key Levels:
Resistance: $115,200
Support: $112,980
Intermediate Zone: $114,250 ā acting as a pivot
š TECHNICAL OUTLOOK:
Bitcoin is struggling to break above the $115,000 resistance zone and has formed a lower high pattern. Price rejection near $115,200 suggests potential for a short-term bearish pullback. Volume is decreasing, indicating weakening bullish momentum.
š¼ TRADE SETUP ā SHORT ENTRY
šø Entry: $114,600
š» Target 1 (TP1): $113,200
š» Target 2 (TP2): $112,500
š Stop Loss (SL): $115,250
š RISK MANAGEMENT:
Use only 1-2% of your capital per trade. Stick to the SL strictly to protect against unexpected volatility. Manage your RR (Risk-Reward) ratio ā„ 1:2 for better consistency.
š£ Conclusion: Bearish signs are brewing near resistance. Monitor closely for confirmation. Trade smart, not just fast!
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