šŸ”» $BTC

USDT BEARISH MOVE INCOMING – STRONG REJECTION SIGNALS DOWNSIDE POTENTIAL

Bitcoin is facing strong rejection from the key resistance zone near $110,225 – $110,257, failing to break and close above it. Currently, price is trading at $109,626, showing weakness after multiple attempts to reclaim the upper supply zone.

Key Levels:

Resistance: $110,225 – $110,257

Support: $107,090 – $107,071

Trade Setup (Short):

Entry Zone: $109,800 – $110,200

Take Profit: $107,100

Stop Loss: $110,530

Market Outlook:

BTC is struggling below the major resistance with bearish candle formations, indicating possible correction towards the next demand zone around $107,100. A break below $109,000 will accelerate this move.

Risk Management:

Trade with only 1-2% of your capital risked per position. Protect capital and ensure SL is placed as market volatility remains high.

šŸ“‰ Comment šŸ”» if you are shorting BTC today!

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