$BTC /USDT – SUPPORT TEST IN PLAY – EYES ON $106,600 LEVEL
Bitcoin is currently under mild selling pressure, trading around $107,692, down 1.08% on the day. The pair recently rejected from the $109,200 area and is now approaching a critical short-term support zone.
The key support sits at $106,600, which aligns with the recent daily low. If this level breaks, downside targets could extend to $105,000. On the upside, a reclaim of $108,600–$109,000 would signal short-term strength.
📉 Trade Setup: SHORT on breakdown below $106,600 with a target of $105,000 and stop-loss at $108,200. Alternatively, LONG above $109,200 for a potential breakout.
🔍 Market Outlook: Neutral to Bearish in the short term; consolidation likely unless a clear directional breakout occurs.#BinanceHODLerHOME #TrumpTariffs #BinanceHODLerRESOLV #CryptoRoundTableRemarks #Tradersleague