My target is near to smashed !!!!!!!

$BTC

Analysis Report

Current Price: 107,705 USDT

Trend: Short-term bearish, testing strong support zones.

Support Levels: 107,405 | 107,011 | 106,657

Resistance Levels: 108,037 | 108,742 | 109,969

Entry (Buy) Zone: 107,011–107,405 (if price holds above support)

Target Levels: 108,742 (first), 109,969 (extended)

Stop Loss: 106,450 (below strong support)

Pattern: Forming a descending channel, indicating potential short-term rebound if support holds, else continuation of bearish trend.

Market Outlook:

Bearish bias short-term; watch for support bounce for a possible bullish reversal towards 108k–110k.

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