$BTC
USDT BEARISH REVERSAL SIGNAL – BULLS LOSING CONTROL!
Bitcoin is currently trading at $108,802, showing rejection from the resistance zone around $109,435, where multiple wicks indicate strong selling pressure. Price has broken below immediate minor support near $109,055, confirming weakness, and is approaching the key support zone near $107,800-$107,900.
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🔻 Trade Setup (Short)
Entry: $108,800 – $109,000
Targets (TP):
TP1: $108,200
TP2: $107,900
TP3: $107,500
Stop Loss (SL): $109,450
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📊 Market Outlook
Momentum is shifting bearish as sellers defend the resistance aggressively. If price sustains below $109,055, further downside is likely towards the $107,500 demand zone. Break below this level can trigger deeper retracement.
⚠️ Risk Management
Always use stop loss to limit risk per trade to 1-2% of account equity. Avoid over-leveraging; wait for candle confirmations to validate entries.
buy and trade here on $BTC
💡 Comment "🔥" if you caught this breakdown setup!