$BTC /USDT EXPERIENCES SHARP REJECTION NEAR RESISTANCE — SHORT-TERM PULLBACK UNDERWAY
#Bitcoin surged to the $111,980 zone but faced heavy resistance, triggering a swift pullback to $111,142.97. This bearish rejection on the 15-min chart suggests a pause in bullish momentum, and the price is now approaching a key intraday support near $111,000. If buyers fail to defend this zone, further downside could follow.
Trade Setup (Short Bias):
Short Entry: Below 111,000
Targets: 110,600 / 110,200
Stop Loss: 111,500
Market Outlook: Momentum is cooling after recent gains. Watch for either a breakdown or bullish defense at $111K for the next move.
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