$BTC /USDT BEARS GAIN MOMENTUM – CRUCIAL SUPPORT UNDER TEST!

$BTC/USDT has declined -4.96%, trading around $101,142, after facing rejection near $107,299. The price is now hovering close to a critical support zone around $99,000–$100,000. Momentum indicators like MACD and RSI are showing bearish divergence, suggesting sellers are in control. If BTC fails to defend the $99K level, further downside toward $96K–$94K could follow in the short term.

Trade Setup:

Short Entry: $101,000

Take Profit (TP): $99,000, $96,000

Stop Loss (SL): $103,000

Market Outlook:

Bitcoin remains in a correction phase after its recent rally. The market sentiment is leaning bearish, but a strong bounce from $99K could shift momentum. Traders should watch closely for volume spikes and candle rejections near key supports before deciding next moves.

Hashtags:

#BTC #Bitcoin #Bearish #CryptoMarket #TechnicalAnalysis

buy and trade here on $BTC