$BTC SHORT TRADE SETUP – Targeting $103,200 & $102,800
$BTC has hit strong resistance near the $103,966 mark and is now slipping into a consolidation zone. After tapping an intraday high of $103,661, price quickly retreated with signs of exhaustion showing in the candles. Volume stands firm at 104.09K, hinting at active distribution.
Trade Setup:
• Entry Zone: Around $103,500
• TP1: $103,200
• TP2: $102,800 (Major support)
• Stop-Loss: Above $103,950
As long as Bitcoin remains under $103,600, downside pressure could take over. Monitor volume—if selling intensifies, a clean drop toward $102,800 is likely.
