$BTC
$BTC /USDT Bearish Momentum Alert! ๐ฅ๐ฏ
Bearish Zone Watch โ ๏ธ Short Opportunity ๐
Current Price: $101,742.97
Analysis & Trade Plan:
Resistance Zone: $105,000 - $106,000
Support Zone: $101,500 - $102,000
Entry Opportunity: Look for rejections near $105,000 or if price fails to break above $106,000.
Target: $100,000 - $98,500
Stop Loss: $106,500 (Above resistance)
Risk/Reward: ~2:1 based on the target zone
Bearish Momentum:
Price has been consolidating near resistance levels, with increasing selling pressure indicating potential downside. A failure to break above $105,000 could trigger a move lower toward key support levels.
๐ฅ Pro Tip:
If price reaches the upper resistance zone and starts showing signs of weakness, consider entering a short position. Tighten your stop loss to protect profits if the bearish momentum holds.
Stay smart and trade cautiously! ๐
#BTCDowntrend #BearishSignals #CryptoShorts #RiskManagement #Write2Earn!