⚠️ $BTC /USDT BEARISH PRESSURE BUILDING! 📉🚨
Current Price: $107,856.80 (▼ -1.75%)
Exchange: BINANCE
Timeframe: 30m
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📊 TECHNICAL ANALYSIS:
$BTC/USDT is currently under selling pressure after failing to hold above $110K, with a sharp rejection from the 24h High of $110,392.01 and making a new 24h Low of $107,777.00.
Key Levels:
📌 Resistance 1: $109,950
📌 Resistance 2: $110,522
📌 Support 1: $107,646
📌 Support 2: $106,800 (watch this closely!)
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🔻 SHORT TRADE SETUP:
🎯 Entry: $108,200 – $107,900 (on minor bounce)
🎯 TP1: $106,800
🎯 TP2: $105,500
🔴 SL: $110,000
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⚖️ RISK MANAGEMENT:
🔹 Stick to 1-2% capital risk
🔹 Use proper stop-loss
🔹 Don’t chase – wait for confirmation!
📌 Trend favors bears in short term – stay sharp! 🐻💥