$BTC /USDT short trade signal 🚦🛑
BEARISH RETEST IN PLAY — SELLERS DEFENDING KEY ZONE!
Bitcoin is facing strong resistance near the $110,970 - $111,060 range after a breakdown from previous support levels. Price action shows a classic bearish retest pattern as BTC attempts to re-enter the broken zone but fails to gain momentum. If this rejection holds, downside continuation is likely.
Trade Setup (SHORT):
Entry: $110,950 - $111,050
Take Profit (TP): $110,030
Stop Loss (SL): $111,300
Market Outlook:
BTC is losing bullish steam as volume fades on this rebound. Sellers are stepping in around the retested resistance zone. As long as it remains below $111,100, bearish pressure may increase with $110,000 as a magnet level.
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