$BTC /USDT BEARS TAKE CONTROL – POTENTIAL REVERSAL ZONE HIT!
Bitcoin has formed a bearish rejection candle after a strong rally, indicating exhaustion near the $97,500 resistance. Price has failed to maintain upward momentum and is now showing signs of a short-term pullback, offering a high-risk reward short opportunity.
Trade Setup: Short Trade Signal
Entry: $95,379
Take Profit (TP): $89,576
Stop Loss (SL): $97,560
Market Outlook:
Momentum is weakening on the higher time frame as sellers defend key resistance. If BTC loses $94K support, further downside acceleration is likely. Watch for a break below previous candle lows to confirm continued bearish pressure.
Command: Stay sharp, let the bears show the way before jumping in.
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