$BTC
/USDT BEARISH MOVE AHEAD ๐ป
Bitcoin is showing a clear downside pressure after failing to sustain above the resistance zone. Momentum indicators and moving averages suggest sellers are currently dominating the market.
๐ Key Levels:
Resistance: $113,600 โ $111,800
Support: $108,000 โ $107,000
Current Price: $108,386
๐ผ Trade Setup (Short Entry):
Entry: $108,500 โ $109,000
Take Profit (TP):
TP1: $107,200
TP2: $106,000
TP3: $104,800
Stop Loss (SL): $110,400
๐ Market Outlook:
BTC has broken below key short-term support and is trading below both the 5 & 10 MA lines, indicating continued bearish momentum. Unless bulls reclaim $111K, further decline remains likely.
โ ๏ธ Risk Management:
Risk only 1โ2% per trade, always use stop loss, and avoid over-leveraging to protect capital during volatile conditions.
#bitcoin #TradingSignalsb #CryptoAnalysis #BearishSetup #TradingSignals
/USDT BEARISH MOVE AHEAD ๐ป
Bitcoin is showing a clear downside pressure after failing to sustain above the resistance zone. Momentum indicators and moving averages suggest sellers are currently dominating the market.
๐ Key Levels:
Resistance: $113,600 โ $111,800
Support: $108,000 โ $107,000
Current Price: $108,386
๐ผ Trade Setup (Short Entry):
Entry: $108,500 โ $109,000
Take Profit (TP):
TP1: $107,200
TP2: $106,000
TP3: $104,800
Stop Loss (SL): $110,400
๐ Market Outlook:
BTC has broken below key short-term support and is trading below both the 5 & 10 MA lines, indicating continued bearish momentum. Unless bulls reclaim $111K, further decline remains likely.
โ ๏ธ Risk Management:
Risk only 1โ2% per trade, always use stop loss, and avoid over-leveraging to protect capital during volatile conditions.
#bitcoin #TradingSignalsb #CryptoAnalysis #BearishSetup #TradingSignals