$BTC
USDT – BEARISH PRESSURE BUILDING, SHORT BELOW KEY RESISTANCE 🔻
Bitcoin is facing rejection near its resistance zone, indicating potential for a downside move. Current price is $108,778, with strong resistance holding above.
🔑 Key Levels:
Resistance: $109,200 – $109,300
Support: $107,800
Current Price: $108,778
🎯 Trade Setup:
SHORT ENTRY:
Entry Zone: $108,700 – $108,900
Take Profit 1: $108,200
Take Profit 2: $107,800
Stop Loss: $109,300
📊 Market Outlook:
Bitcoin is consolidating under resistance after multiple rejections, indicating sellers are active. A break below $108,600 could accelerate bearish momentum towards the $107,800 support level.
⚠️ Risk Management:
Always risk only 1-2% per trade. Use stop loss to protect capital and avoid emotional trading decisions for long-term growth.
buy and trade here on $BTC
💬 Comment “BEARISH ✅” if you agree with this setup and follow for real-time trade updates.
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