🚨 $BTC /USDT – Momentum Slipping Below Key Resistance!

Bitcoin stalling near $108K as indicators flash cooling — is a short-term dip on the way? šŸ“‰āš ļø

šŸ“ Current Price: $107,494.01 (āˆ’0.28%)

šŸ“ˆ 24h High: $108,174.86

šŸ“‰ 24h Low: $106,438.33

šŸ” 24h Volume: 10,095.79 BTC / $1.08B USDT

šŸ”„ Category: POW | Traders League Focus

šŸ“Š Bollinger Bands (20,2)

šŸ”¹ Upper Band (UP): $107,570.76

šŸ”¹ Middle Band (MB): $107,152.95

šŸ”¹ Lower Band (DN): $106,735.15

šŸ”» BTC is trading right under the upper Bollinger Band and showing early signs of rejection.

šŸŽÆ Bearish Setup – Short-Term Trade Idea

šŸ”“ Entry Zone:

$107,400 – $107,600 (resistance zone)

āŒ Stop Loss:

$108,200 (above recent high)

šŸ“‰ Target 1:

$107,150 (Bollinger Mid-Band / Trend base)

šŸ“‰ Target 2:

$106,430 (24h low)

šŸ“‰ Target 3 (Extended):

$106,000 – $105,800 (next strong demand zone)

🧠 Pro Insight:

Price struggling to break above upper BB = early weakness

A clean rejection below $107.4K opens room for correction

Tight range = ideal for scalp traders and day traders

āš ļø Caution: Bullish momentum will resume if $108,200 is broken with strong volume.

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