$BTC USDT BEARISH BREAKDOWN – BULLS LOSING CONTROL?
$BTC Bitcoin is currently struggling to hold above key levels, showing consistent lower highs and lower lows on the 1H timeframe. The price is hovering at $108,063, suggesting bears maintain short-term dominance after rejection near $109,700.
🔑 Key Levels:
Resistance: $108,500 – $109,700
Support: $107,500 – $107,250
📉 Trade Setup (Short)
Entry: $108,100 – $108,300
Targets:
• TP1: $107,750
• TP2: $107,500
• TP3: $107,250
Stop Loss: $108,700
📊 Market Outlook:
Momentum remains bearish as buyers fail to sustain any meaningful rally. A clean break below $107,750 may accelerate further downside towards $107,250 support. Caution is advised for counter-trend longs until structure reverses.
⚠️ Risk Management:
Always use position sizing per your strategy with a max 1-2% risk per trade to protect capital during volatile market moves.
💬 Comment "🔥" if you caught this BTC breakdown setup.
#BTC #CryptoTrading #BitcoinAnalysis #BearishSetup #TechnicalAnalysis