$BTC /USDT BEARISH RETEST – CRUCIAL SUPPORT UNDER ATTACK! ⚠️📉
📊 Current Price: $108,200 (–1.33%)
📈 24H High: $109,767.59
📉 24H Low: $107,245.00
🔄 24H Volume: 11,710 BTC / $1.27B USDT
🔍 TECHNICAL OUTLOOK:
Bitcoin is facing heavy resistance near $110K and now pulling back toward the $107K–$108K support zone, which is critical for bulls to hold. Price is forming a lower high setup on the 4H chart, and failure to maintain current levels could accelerate selling pressure.
The overall trend remains bullish in the macro view, but short-term structure is bearish-biased unless BTC quickly reclaims $110K with volume.
🔑 KEY LEVELS TO WATCH:
🔼 Resistance 1: $109,800 (24H High / key rejection zone)
🔼 Resistance 2: $112,000 (next breakout target)
🔽 Support 1: $107,200 (24H Low / immediate demand)
🔽 Support 2: $105,000 (major support base)
🔽 Support 3: $102,000 (panic zone)
🧭 TRADE SETUP – SHORT IDEA (AGGRESSIVE):
📥 Entry Zone: $108,000 – $108,300
🎯 Targets:
TP1: $107,200
TP2: $105,000
TP3: $102,000
🛑 Stop Loss: $110,000 (above resistance range)
✅ ALTERNATE LONG SETUP (Only If Bounce Confirmed):
📥 Entry: $107,250 – $107,800 (on bullish reversal candle)
🎯 Targets:
TP1: $109,000
TP2: $110,000
🛑 SL: $106,500
💡 RISK MANAGEMENT:
Use 2–3% of capital per trade
Tight SL essential in this volatile range
Don't chase — wait for clear breakout or breakdown confirmation
Trail SL after TP1 to lock gains
📉 BTC is at a tipping point — a break below $107K could trigger a deeper correction, while a reclaim above $110K would revive bullish momentum. Stay sharp!
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