$BTC
– SHORT SETUP AT RESISTANCE
Bitcoin has reached a strong resistance zone near 116,800, where price action shows signs of exhaustion after a sharp rally. If rejection holds, a pullback toward support around 115,700 is likely before the next major move.
Trade Setup:
Entry: 116,500 – 116,600 (short)
Take Profit (TP): 115,700
Stop Loss (SL): 116,850
Risk management is key—avoid overleveraging and adjust position size to protect capital.