Here is your BTC/USDT technical analysis post:
$BTC USDT BEARS TAKING CONTROL – SHORT OPPORTUNITY UNFOLDING
Bitcoin has broken down towards $106,500 support with strong bearish candles on the 15m chart. Current price is $106,512, hovering just above the day’s low. Sellers remain in control as each bounce is getting sold off quickly.
📊 TRADE SETUP (SHORT)
• Entry: 106,500 – 106,700
• Targets: 106,200 / 105,800 / 105,300
• Stop Loss: 107,100
💡 MARKET OUTLOOK:
BTC is maintaining a downtrend with no strong bullish reversal signals yet. If $106,500 support fails, expect a swift continuation towards lower supports around $105,300. Watch for volume spikes near these levels for scalping opportunities.
⚠️ Risk Management:
Always use stop-loss to protect capital against volatility, especially during fast breakdowns.
#BTC #Bitcoin #BearishTrend #CryptoAnalysis #ShortSetup
buy and trade here on $BTC
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