Bitcoin
Short
Updated

BITCOIN/U.S.DOLLAR IS NEGATIVE MARKET ANALYSIS

167
STRUCTURE: Price is reacting within a well-defined resistance zone after a bullish move from a support area.
Resistance zone: $108,600 - $109,700 priceis currently testing this zone and showing signs of rejection, making it a potential area for a short setup.
Support Area : $106,000 Marked as the final target-- previous consolidation and demand zone.
ENTRY POINT : $108,644
TARGET 1 : $107,000
FINAL TARGET : $106280
STOP LOSS : $109,640
Bearish Reversal Likely: After hitting resistance, there is a clear rejection indicating sellers stepping in .
Trendline Break: If price breaks the dotted rising trendline decisively, it adds more weight to the bearish scenario.
Trade closed: target reached
Congratulations guys our all target has been successfully complete with 236+pips in profit . our chart analysis is perfect.

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