$BTC / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after testing resistance.
Entry: $103,940 - $103,970 (around the current price, looking for bearish confirmation)
Stop Loss: $104,250 (just above the recent high)
Targets:
* $103,500
* $103,100
* $102,700
Confirmation:
* Bearish candlestick forming after testing the $104,984.57 high.
* Decreasing buying volume.
* Price breaking below short-term support levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-2x (higher volatility, manage risk carefully)
Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $104,250.
Trade here: click
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