Bitcoin / TetherUS

Bearish Market Outlook - Key Levels to Watch

๐Ÿ”ป Bearish Market Outlook โ€“ Key Levels to Watch! ๐Ÿ“‰

The market is showing strong bearish momentum, and hereโ€™s my updated support & resistance levels for the next move. ๐Ÿšจ

๐Ÿ” Key Support & Resistance Levels

๐Ÿ“‰ Support Levels:
๐Ÿ”ธ 1st Support: 95,943
๐Ÿ”ธ 2nd Support: 95,347
๐Ÿ”ธ 3rd Support: 94,231

๐Ÿ“ˆ Resistance Levels:
๐Ÿ”น 1st Resistance: 98,301
๐Ÿ”น 2nd Resistance: 98,250
๐Ÿ”น 3rd Resistance: 99,146

๐Ÿ“Š Market Analysis & Price Prediction

๐Ÿ”ป Trend: Bearish
๐Ÿ“Œ The price is likely to test 95,943 as the next support level.
๐Ÿ“Œ If broken, we might see further downside towards 95,347 and 94,231.
๐Ÿ“Œ Any bounce back will face strong resistance at 98,301 & 98,250, which could act as a selling zone.

๐Ÿš€ Trading Plan

๐Ÿ”น Short Entry: Below 96,000
๐ŸŽฏ Target: 95,347 โ†’ 94,231
๐Ÿ›‘ Stop-Loss: Above 98,250

โš ๏ธ Risk Warning: Always use proper risk management and stop-loss strategies.

๐Ÿ’ฌ Do you agree with this bearish outlook? Comment below with your views! ๐Ÿ‘‡

#TradingView #MarketAnalysis #Forex #Crypto #StockMarket #BearishTrend #SupportResistance

This post provides clear analysis, trading strategy, and encourages engagement on TradingView. ๐Ÿš€

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