🚨 $BTC /USDT TECHNICAL ANALYSIS – BEARISH PRESSURE MOUNTING! 🚨

📉 Current Price: $106,031.29

📊 Market Bias: Bearish 🔻

🕒 Timeframe: 15m / 1h / 4h / 1D

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📌 Key Technical Indicators:

EMA 7: 106,161.47

EMA 25: 106,156.89

EMA 99: 105,786.16

MACD: -47.85 ❗ (Momentum weakening)

RSI(6): 34.62 (Approaching oversold)

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🧱 Support Levels:

$105,640 🔻

$104,964 🛑 (24h Low / Strong support zone)

🔺 Resistance Levels:

$106,488 ⛔ (24h High / Key rejection area)

$106,533 🚧 (Intraday resistance)

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💥 Trade Setup – SHORT Position:

Entry: $106,100 - $106,300

Take Profit 1 (TP1): $105,650

Take Profit 2 (TP2): $105,000

Stop Loss (SL): $106,600

🧠 Reasoning: Price struggling to hold above short-term EMAs. MACD turning sharply negative. RSI indicates potential for further dip.

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🛡️ Risk Management:

Risk 1-2% per trade. Always honor your SL to protect capital. Don't chase—let the setup come to you. 💼

🔥 STAY SHARP. BE DISCIPLINED. 🔥 #BTC #CryptoTrading #BearishSetup

#MarketPullback #BigTechStablecoin #SouthKoreaCryptoPolicy #CircleIPO #TrumpVsMusk $BTC

BTC

105,679.89

+0.07%