📉 $BTC /USDT – BEARISH REJECTION FROM KEY RESISTANCE ZONE ⚠️
#Bitcoin is currently trading at $106,931, showing a mild -0.33% decline in the last 24h. Price faced clear rejection near $109,000 for the third consecutive session and is trending downward within a short-term descending channel. Volume remains strong (17.79K BTC / $1.92B USDT), but momentum is slowing.
BEARISH TRADE SETUP (SHORT POSITION)
• Sell Entry: $107,400 – $108,200
• Target: $104,200
• Stop Loss: $109,200
PRO TIP: If BTC loses support at $106,300, expect further downside acceleration toward $104K. Watch for bearish engulfing patterns or MACD crossover on the 4H chart for confirmation.
