$BTC /USDT short trade signal 🚦 🛑

BEARISH BREAKDOWN IN PLAY — SHORT RALLY MAY FADE BELOW RESISTANCE!

Bitcoin has sharply rejected the $104K resistance zone after multiple failed attempts to break higher. A clean bearish engulfing pattern on the 30-minute chart confirms seller dominance. Price is now retesting the breakdown zone near $102,900 as fresh resistance, indicating a likely continuation to the downside if this level holds.

Trade Setup:

Short Entry: $102,900 - $102,950

Take Profit (TP): $101,470

Stop Loss (SL): $103,500

Market Outlook:

As long as BTC trades below the $103K resistance area, the bearish pressure remains strong. Increased volume on the drop also confirms aggressive selling. Be cautious of false bounces — trend continuation is likely unless we see a strong reclaim above resistance.

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