Bitcoin is showing signs of bearish pressure as it struggles to hold key levels. With the current price hovering around $104,081.35 (-0.39%), short-term indicators suggest a potential downside.
🔍 KEY LEVELS TO WATCH: 📌 Resistance:
$104,927 – 24h High
$104,526 – Near-term supply zone
$104,268 – Mid-range resistance
📌 Support:
$103,882 – Immediate support
$100,372 – 24h Low & crucial psychological level
$98,500 – Next strong demand zone
🧠 TRADE SETUP – SHORT IDEA 💥 📍 Entry: $104,200 – On rejection from resistance 🎯 Targets:
$BNB /USDT BEARISH MOVE IN PLAY – WATCH KEY LEVELS! 🔻
BNB/USDT is currently trading at $649.82 (-2.02%), showing signs of short-term bearish momentum 🐻. The price has rejected the 24H high of $663.40 and is now hovering near major support.
🔑 KEY LEVELS TO WATCH:
Resistance: $663.40 🔼
Support: $625.44 🔽
Current Price: $649.82
MA60: $648.72 — Price flirting around this level indicates potential weakness.
📉 TRADE SETUP – SHORT ENTRY 👇
Entry: $650 - $652
Take Profit (TP):
TP1: $640
TP2: $630
TP3: $625
Stop Loss (SL): $664
This setup targets a retracement towards the 24H low, aligning with the ongoing rejection at higher resistance and declining momentum.
🛡 RISK MANAGEMENT:
Use 2% max of your capital per trade 💰
Trail your stop after TP1 for securing gains
Stick to your plan — emotions out, strategy in! 🧠
🚨 Summary: Trend shows bearish continuation under $660. If price breaks below $645 decisively, more downside likely. Stay sharp and manage your risk! 💼📊