๐Ÿšจ $BTC /USDT โ€” Bearish Pressure Setup

Bitcoin continues to face selling heat, now trading near $113,768 (-1.05%), slipping closer to its intraday low of $113,477 after multiple failed attempts to reclaim the $114.9Kโ€“$115K resistance zone.

๐Ÿ“‰ Technical Overview:

Momentum indicators remain weak โ€” the 7-MA and 25-MA are bending below the 99-MA, signaling that short-term sentiment still favors sellers. Bulls are struggling to defend intraday supports, while volume momentum remains subdued.

๐Ÿ”น Support Zones:

$113,470 โ€“ $113,200

$112,800 โ€“ $112,500 (next major demand area)

๐Ÿ”น Resistance Zones:

$114,070 โ€“ $114,300 (intraday hurdle)

$114,900 (key reclaim level for bulls)

๐Ÿ“Š Trend:

Bearish bias persists with fading bounce strength โ€” each recovery attempt is being capped by active sellers around $114K+.

๐ŸŽฏ Trade Setup:

If BTC holds above $113,470, expect a technical bounce toward $114,000โ€“$114,300.

Break below $113,470 could trigger the next wave down toward $112,800โ€“$112,500.

โš ๏ธ Bias:

Stay short-biased while price remains under $114,900. A decisive reclaim and hold above that zone, backed by volume, would shift the short-term outlook to neutral-to-bullish.