$BTC USDT – SELL PRESSURE STILL DOMINANT
#Bitcoin is struggling to reclaim the 119,300–119,400 resistance zone after a sharp drop from the 122K highs. Current price action shows lower highs forming, indicating sellers remain active. Immediate support is at 118,400, and a break below could expose the recent low at 118,050.
Key Levels to Watch:
Resistance: 119,344 – 119,810
Support: 118,400 – 118,050
Trend Bias: Bearish unless price closes above 119,800 with strong volume
Market Outlook:
BTC needs a decisive breakout above 119,800 to shift short-term momentum. Until then, downside risk remains.