$BTC /USDT – REJECTION AT SUPPLY! SHORT OPPORTUNITY?
Bitcoin just tapped into a major resistance near $104K and is showing signs of rejection. A retracement could be underway if bulls lose grip!
Market Snapshot:
• Price: $103,720
• 24H High/Low: $104,000 / $101,200
• Trend: Strong bounce now hitting key supply
• Momentum: Cooling after vertical pump
Trade Setup:
• Entry: $103,700 – $103,800
• TP1: $102,800
• TP2: $102,000
• TP3: $101,200
• SL: $104,200
Pro Tip: Watch for a bearish engulfing on lower timeframes — could signal a clean reversal!