🔻 $BTC /USDT – Short Setup Under Key Resistance!
$BTC is showing rejection signs near the $119900–$118350 zone, facing overhead resistance and weakening momentum. This zone presents a high-probability short opportunity if the price fails to reclaim above.
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📉 SHORT Entry Zone:
$119900 – $118350
🎯 Take Profit Targets (TP):
1. $116200
2. $114300
3. $112500
4. $110800
5. $108700
🛑 Stop-Loss (SL):
$120600 (above previous wick & structure)
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📊 Technical Notes:
Bearish divergence on RSI + loss of bullish volume
Major resistance zone aligned with previous distribution area
Clean breakdown below $118350 would confirm momentum shift
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📝 Note: Price action near $118350 is crucial — confirmation with increased volume adds confluence to the short. Tight risk management is advised.
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