$BTC

USDT BEARISH REVERSAL – EXPECTING A PULLBACK SOON 🚨

Bitcoin is showing signs of a potential bearish reversal after touching strong resistance near 108,955. Price has formed a rejection candle, indicating sellers stepping in.

🔑 Key Levels:

Resistance: 108,955 (strong rejection zone)

Support: 108,000 – 107,900

Current Price: 108,500

💼 Trade Setup (Short):

Entry: 108,750 – 108,950

Targets (TP):

TP1: 108,200

TP2: 107,900

Stop Loss: 109,000

📉 Market Outlook:

After a sharp bullish move, BTC is facing rejection at resistance, suggesting a corrective pullback towards the previous demand zone before any further upside continuation.

⚠️ Risk Management:

Keep your position size small and risk only 1-2% of your capital per trade to protect against volatility.

buy and trade here on $BTC

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