$BTC Hey Binance Square Family! 👋
BTC is heating up — but not the way you might think! With Bitcoin currently hovering around $104,000, we're spotting a sweet shorting opportunity that could bring in some serious profits if played right. Let’s break it down!
---
📉 Current Market Snapshot
Current Price: $104,000
Market Mood: Overextended and due for a pullback
Chart Outlook: Key resistance approaching, sellers may step in!
---
🔍 Trade Setup: Short BTCUSDT
This setup is built on solid technical analysis using price action, key resistance levels, and trend indicators.
✴️ Strategy: Sell Now or on a Bounce!
Sell Now or Sell on Pullback to: $104,600
Stop Loss: $106,200 ❌
Take Profit Targets:
TP1: $100,800
TP2: $99,000
TP3: $95,600
TP4: $92,500
TP5: $89,000 ✅
---
⚙️ Why This Trade?
BTC is facing strong resistance near $105K-$106K
Multiple indicators show bearish divergence
Ideal spot for a short-term correction before the next leg
---
✅ Risk Management Tips
Use tight SL at $106,200 to protect capital
Adjust position size according to your risk tolerance
Stay updated — volatility can hit fast!
---
📢 Final Thoughts
This is not financial advice, but rather a trading idea based on technical setups. Always DYOR and manage your trades wisely. If BTC breaks above the stop loss level, invalidate the setup and reassess.
Let’s keep learning, sharing, and growing together in this market!
---
Stay sharp & trade safe, legends!
See you on the charts!
#BTCUSDT #CryptoTrading #BearishSignal ---