$BTC /USDT BEARISH RETEST UNDERWAY 🔻⚠️
Bitcoin is trading at $108,422 (-1.23%), pulling back from recent highs. Price action shows weakness below the key resistance zone, hinting at a short-term correction.
📊 Key Levels:
🔺 Resistance: $110,500 – $111,000
🔻 Support: $108,000 / $106,500
📍 Current Price: $108,422
📉 Trade Setup (Short):
🔸 Entry: $109,500 – $110,000
🎯 TP1: $108,000
🎯 TP2: $106,500
⛔ SL: $110,800
⚠️ Risk Management:
Use 1–2% capital per trade. Ideal leverage: 3x–5x. Respect SL and avoid overexposure. 🛡️📉
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