$BTC BTC/USDT – Technical Analysis Time Frame: 4 hours and 1 hour (Binance Futures) $BTC Current Price: $104,190 (approximately) 📊 4-hour Chart Overview: 🔻 Trend: The market structure clearly shows higher lows and lower highs, indicating short-term bearish momentum. 📌 Key Resistance Levels: $105,500 – Immediate Resistance $106,775 – Secondary Resistance $108,950 – Previous Swing High 📌 Key Support Levels: $103,000 – Strong Demand Zone $101,500 – Next Support Level if a drop occurs 📈 Moving Averages: MA(5): 1272.17 MA(10): 1868.15 → The price is currently trading below both moving averages, confirming ongoing weakness. ⏱️ 1-hour Chart Overview: 🔸 Market Behavior: Strong sell-off from $105,550 to $103,500 Minor recovery attempts faced rejection around $104,300 Buyers are losing strength, and candlestick charts show weak momentum 📉 Order Book Sentiment: Buy Pressure: 0.54% Sell Pressure: 99.46% → Strong sell-side dominance suggests a potential continuation of the decline. 📦 Volume Profile: Volume of bullish candles is decreasing → Indicates weak buying interest during the recovery 🧠 Technical Summary: 🔻 Bias: Bearish Unless the price reclaims and holds above $105,500, $BTC may revisit the support zone. 🎯 Trade Idea – Bearish Setup ⚠️ Use appropriate risk management. This is not financial advice Entry Range: $104,500 – $105,200 Profit Targets: TP1: $103,500 TP2: $101,800 Stop Loss: $106,000 Leverage: 10x–20x (Cross or Isolated) Risk Management: Use only 1–2% of capital. 🧩 For safer trading, wait for a clear 4-hour candle close below $103,500 to confirm.