Technical Outlook: BTC/USDT – Key Levels Under Pressure

Sep 4

🔹 Resistance Zone (📈💎)
The chart highlights a robust resistance band around 113,000–113,500 USDT. Price has repeatedly failed to sustain above this ceiling, showing strong selling pressure at the top of the range.

🔹 Support Zone (🛡️📉)
Well-defined support sits near 107,000–107,500 USDT, where buyers previously defended the level multiple times, leading to rebounds.

🔹 Current Price Action (⚡🧐)

Recent rally tested resistance and was firmly rejected, forming a bearish engulfing structure on the latest candles.

The dotted red line at 111,499 USDT indicates the short entry trigger; projected target is toward the lower support zone.

Stop-loss marked just above resistance (~113,493 USDT) suggests a clear risk-to-reward framework.

🔹 Bearish Scenario (🚨🐻)
If downward momentum holds, price may follow the plotted white arrow toward the 107k region. A break below could open room for further weakness.

🔹 Bullish Contingency (🚀🐂)
Reclaiming and closing decisively above 113,500 USDT would invalidate the short setup, signaling renewed upward momentum.

📌 Summary (📝)
Market shows rejection at resistance with sellers gaining control. The risk-reward favors a short toward strong support near 107k, unless buyers retake the 113k+ zone.

Sep 4

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