$BTC /USDT BEARISH BREAKDOWN AS PRICE LOSES GRIP ON $110K ZONE
$BTC /USDT has plunged below the key psychological level of $110,000 with high momentum, showing a decisive bearish move. The recent strong red candle and lower high pattern confirm selling pressure, and the market is currently holding near $108,693 after hitting a low of $107,316 in the past 24 hours. If support fails to hold, more downside could follow.
Trade Setup (Short):
Entry: $108,700 – $109,200
Take Profit: $107,200 / $106,000
Stop Loss: $110,500
Market Outlook:
Bitcoin has broken structure on the lower time frame and is now vulnerable to deeper correction unless bulls reclaim $110,500 fast. Short-term sentiment favors bears, especially with volume picking up on red candles.
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