$BTC
BEARISH PRESSURE MOUNTS ā WATCH THE CRUCIAL SUPPORT! ā ļøš
š Current Price: $103,543.25 (-1.85%)
šŗ 24h High: $105,696.00
š» 24h Low: $102,345.00
š Volume: 12,649.95 BTC | $1.31B USDT
š Technical Overview:
BTC is showing signs of downside continuation after rejecting from the $105.6K zone. With the price hovering just above $103.4K, a break below could lead to a retest of $102.3K and even lower. Momentum favors bears in the short term. š»
š Support Levels:
š¢ $103,400 ā Immediate support
š¢ $102,345 ā Daily low and key level
š Resistance Levels:
š“ $104,800 ā Short-term resistance
š“ $105,700 ā Rejection zone
š» Short Trade Setup:
Entry: $103,500 ā $103,700
šÆ Targets:
ā TP1: $102,800
ā TP2: $102,350
ā TP3: $101,500
š Stop Loss: $104,850
ā ļø Risk Management:
šø Risk 1ā2% per trade only
šø Move SL to entry after TP1
šø Avoid overtrading in volatile ranges
šØ BTC losing steam ā bears could drag it further down! šš„
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