$BTC /USDT Trading Signal - Bearish Pressure, but a Bounce Possible!

$BTC is trading at $102,286.08 after a sharp decline, showing signs of weak recovery. The current pattern suggests potential for both further downside and a short-term rebound.

Short Entry: Below $101,560

TP1: $101,000

TP2: $100,200

SL: $103,000

Long Entry: Above $103,000

TP1: $104,000

TP2: $105,200

SL: $101,560

Market Outlook: The sharp drop indicates strong bearish momentum. A breakdown below $101,560 could trigger further declines, while reclaiming $103,000 may initiate a relief rally.

Leverage Suggestion: 5x-8x to manage volatility.

#CryptoTrading #BTC #Bitcoin #Binance šŸš€#Write2Earn $BTC

COTI
Created with Highcharts 9.1.1
89,321.94
+6.70%