$BTC
Bearish Short Setup 📉
#Analysis:
$BTC is showing rejection near the #resistance zone ($115,800 – $116,400). Price is forming lower highs on the 1H timeframe, indicating potential downside momentum. A breakdown below $113,900 could accelerate bearish momentum toward deeper supports.
Entry: $114,500 – $115,000
Targets:
🎯 Target 1: $113,600
🎯 Target 2: $112,900
🎯 Target 3: $111,800
Stop Loss: $116,200
Key Levels:
#Resistance Zone: $115,800 – $116,400
#Support Zone: $113,900 – $113,500
#Major Support: $111,800
⚠️ #Confirmation: Wait for a 1H candle close below $114,000 for stronger short confirmation.