$BTC /USDT – Rejection from Resistance! Potential Short Setup Ahead! 🔻

Current Price: $109,282

$BTC surged toward $109,800 but is now showing rejection at the top with multiple wicks—indicating possible short-term exhaustion.

Short Trade Setup:

Entry Zone: $109,300 – $109,600

TP1: $108,600

TP2: $107,900

TP3: $107,200

Stop Loss: $110,000

Key Resistance:

$109,600 – $109,850

$110,000 psychological barrier

Support Levels:

$108,600

$107,200 (24H low zone)

Market Insight:

This 30M chart shows a possible double-top rejection and price struggling to break above local highs. If BTC fails to reclaim $109.6K, a short retracement is likely.

Pro Tip:

Use tight risk management. If price reclaims $110K with volume, this setup is invalidated.

Stay nimble—BTC is volatile near these levels!

$BTC

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