$BTC USDT – SHORT TRADE SIGNAL AS BEARS GAIN CONTROL
REJECTION NEAR $109,150
MACD BEARISH CROSSOVER WITH DECLINING MOMENTUM
$BTC faced strong resistance near $109,150 and is forming consecutive red candles on the 1H chart, signaling increased selling pressure. The price is currently hovering around $108,600, with a recent low at $108,324.53. The MACD shows a bearish crossover, with the histogram staying in negative territory and momentum fading.
Trade Setup:
• Short Entry: $108,600 – $108,800
• Targets (TP): $108,280 / $108,000
• Stop Loss (SL): $109,200
Short Outlook:
As long as BTC stays below $109,000 with continued bearish momentum, further downside is likely. Watch for a break below $108,280 to confirm continuation.
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