$BTC /USDT BEARISH CONSOLIDATION UNDER PRESSURE 🔻
Bitcoin is hovering around $103.6K after multiple rejections near $103.9K. The price is showing indecision with lower highs forming, indicating weakness in bullish momentum. A drop below $103.4K could open the gates for deeper correction.
🔹 Trade Setup (Short):
Entry: $103,700 – $103,900
Targets:
TP1: $103,200
TP2: $102,600
TP3: $101,800
Stop Loss: $104,200
📊 Market Outlook:
BTC is consolidating in a tight range with a bearish bias. Unless bulls reclaim $104K with volume, sellers will remain in control. Key support to watch: $103,068.
⚠️ Risk Management Tip:
Keep SL tight in a ranging market. Avoid overtrading during sideways movement and adjust size accordingly.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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