๐จ $BTC Bearish Pressure Analysis ๐จ
Price: $113,739.99 (+0.72%)
Bitcoin is showing selling pressure after failing to hold above $114,000 and is now retesting the $113,000 support zone.
๐ Market Outlook:
Chart suggests a bearish continuation unless bulls regain momentum. Break below $113,000 โ likely drop towards $112,400 โ $111,800. Recovery above $113,800 โ path back to $114,500.
๐ก Trade Setup (Short):
Entry: $113,200 โ $113,500 TP Levels: $112,800 / $112,400 / $111,800 SL: $114,200
โ๏ธ Risk Management:
Use a strict SL (high volatility). Scale out profits at each support zone.
