#TradingAnalysis101 currently trading at $88,112, down 6.12%, after breaking below key support levels. The price hit a 24h low of $87,432, signaling strong selling pressure.

Key Levels to Watch:

Resistance: $90,800 – A breakout could push BTC toward $92,500 and $95,200

Support: $87,000 – A breakdown may lead to further downside toward $85,500 and $84,200

Market Insights:

Parabolic SAR: Clearly bearish, suggesting continued downside pressure

MACD: Deep in negative territory, indicating strong downward momentum