🚨$BTC /USDC Breakdown – Bearish Momentum or Bounce Incoming? šŸš€šŸ”„ā€¼ļø

Bitcoin is showing signs of exhaustion after a sharp drop from the $124.5K zone. Price is hugging the lower Bollinger Band, suggesting oversold conditions—but don’t mistake that for a guaranteed bounce. Let’s break it down šŸ‘‡

šŸ“‰ Current Price: $113.7K

šŸ“Š Indicators:

- Bollinger Bands: Price riding the lower band

- MACD: Bearish crossover confirmed

- Volume: Spike on sell-off, fading now

| šŸŽÆ Target | Description |

|----------|-------------|

| šŸŽÆT1: $116.5K | Minor resistance at mid-Bollinger band—watch for rejection here |

|šŸŽÆ T2: $118.8K | Key resistance zone from previous consolidation |

| šŸŽÆT3: $124.5K | Major breakout level—bulls need volume to reclaim this |

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āš ļø Risk Management Tips:

- Use tight stop-loss below $112.3K (recent low)

- Avoid chasing green candles—wait for confirmation

- Consider scaling in with small size if bullish divergence appears

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šŸ’¬ Is BTC gearing up for a relief rally or prepping for another leg down? Drop your thoughts below and trade smart! šŸ’„

Binance #BTC #CryptoTrading #TechnicalAnalysis #RiskManagement #SmallAccountStrategy

$BTC