$BTC / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after testing resistance.
Entry: $104,280 - $104,320 (around the current price, looking for bearish confirmation)
Stop Loss: $104,700 (just above the recent high)
Targets:
* $103,800
* $103,400
* $103,000
Confirmation:
* Bearish candlestick forming after testing the $105,819.45 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 $104,700.
Trade here: click $BTC