$BTC

BEARISH ANALYSIS: PRESSURE BUILDS BELOW KEY LEVELS 🚨📉

Bitcoin is showing clear bearish momentum as it trades at $108,958, down -0.58%. The price failed to sustain above the $110,000 psychological level, signaling weakness and potential downside continuation.

🔍 KEY LEVELS TO WATCH:

🔹 Resistance: $110,750 💥 | $110,250 | $110,000

🔹 Support: $109,000 🛡 | $108,700 | $108,500

🔻 Current Price: $108,958

With the price pushing below the $109,250-$109,000 support zone, bears are gaining control.

📉 TRADE SETUP – SHORT POSITION IDEA:

💣 Entry: $109,000 - $108,950

🎯 Targets:

• TP1: $108,500

• TP2: $108,000

• TP3: $107,500

🛑 Stop Loss: $110,300

⚠️ RISK MANAGEMENT:

Never risk more than 1-2% of your capital per trade. Adjust your position size wisely, and always follow your stop-loss strategy! 🚨📊

📛 Stay alert traders – momentum is leaning bearish. Watch those support levels carefully! 🔍📉

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