$BTC
$BTC/USDT – Breakdown Alert! Bearish Momentum Picking Up
Current Price: $102,857 (-0.66%)
After failing to sustain above $103.8K, Bitcoin is sliding under key levels with selling pressure intensifying on the 15m chart.
Key Levels:
Resistance: $103,600 / $104,350
Support: $102,600 / $101,850
Short Trade Setup – Bearish Bias Active
Entry Zone: $103,000–$103,200
Targets:
• TP1: $102,600
• TP2: $101,850
• TP3: $100,500
Stop Loss: $104,400
Market Insight:
Lower highs + strong red candles = clear bearish structure. Elevated volume suggests momentum may continue downward.
Pro Tip:
Watch for fakeouts — bounces under $103.6K are shorting opportunities with tight SLs. Monitor price action around $102.6K for quick scalp setups.
Is a major support break brewing? Don’t chase green — short the weakness, not the bounce.