$BTC Resistance Holding – Bearish Move Likely

$BTC has once again rejected the $111,970 resistance zone, forming a potential double top. Price failed to close above this critical level and is now showing signs of reversal.

Trade Setup – BTC/USDT

• Entry: $111,000 – $111,050

• Stop Loss: $114,800

• Take Profit 1 (TP1): $104,000

• Take Profit 2 (TP2): $98,413

• Take Profit 3 (TP3): $98,259

Bearish momentum could intensify if the market fails to break this resistance level. Traders should monitor closely for breakdown confirmation below $110,500.

Smart execution starts with spotting high-probability reversal zones.

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