$BTC /USDT – BEARISH PRESSURE BUILDING ⛔⚠️

📉 TECHNICAL ANALYSIS:

Bitcoin is currently trading at $106,914.72, showing signs of bearish exhaustion after a failed breakout above $108,000. Momentum is fading on the lower timeframes, and a drop below the $106,500 support could accelerate downside.

🔑 KEY LEVELS:

Resistance: $108,200 (Intraday High) / $110,000 (Major Resistance)

Support: $106,500 (Near-term support) / $104,800 (Major swing level)

Current Price: $106,914.72

Price is making lower highs with declining volume — a classic setup for a potential pullback or short-term correction.

📉 TRADE SETUP:

SHORT ENTRY:

👇 Entry: $106,800 - $107,000

🎯 TP1: $105,200

🎯 TP2: $104,000

🛑 SL: $108,300

Confirmation needed: hourly candle close below $106,500 or rejection wick from $107,000+ area.

🛡️ RISK MANAGEMENT:

Use a tight SL and risk only 1-2% of your trading capital. Protect profits with trailing stop once TP1 is hit. Don’t trade without a clear setup! 🚫

⚠️ Caution is key in choppy conditions — Trade smart, not fast! 🧠📉

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