💣
$BTC /USDT – Bearish Setup Playing Out! 📉
TP1 ✅ Hit at $116,200 — Bears in Control! 🐻💥
$BTC faced heavy rejection from the $119,900–$118,350 supply zone, confirming a bearish breakdown amid negative market vibes and macro uncertainty 🌪️📊
🔻 SHORT Entry Zone:
💀 $119,900 – $118,350 (Confirmed rejection zone)
🎯 Take Profit Targets:
1. ✅ $116,200 (HIT)
2. 🎯 $114,300
3. 🎯 $112,500
4. 🎯 $110,800
5. 🎯 $108,700
🛑 Stop Loss:
$120,600 (Above previous wick & structure)
📊 Technical Breakdown:
⚠️ Bearish RSI Divergence still active
📉 Clean breakdown from $118,350 with strong red candle
📊 Volume favors continued downside
🧱 Next major support: $114,300
🚨 Pro Tip:
Unless BTC reclaims $118,350 with strong volume, expect deeper downside. 📉 Watch for reaction at TP2 zone for potential bounce!
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