$BTC /USDT short trade signal 🚦 🛑
BEARISH SIGNAL — BULLS LOSING GRIP BELOW RESISTANCE!
Bitcoin is struggling below the $109,882 resistance zone after a failed breakout attempt. The current price of $108,884 shows consolidation with decreasing bullish momentum. With lower highs forming and rejection near $110K, the price structure suggests a potential move back toward support levels.
Trade Setup (Short):
Entry: $109,200 - $108,700
Take Profit (TP): $107,000 / $106,300
Stop Loss (SL): $110,500
Market Outlook:
If bears continue to defend the $109,800 - $110,700 resistance range, BTC could drop further toward its recent support near $106,600. Watch for increased volume confirmation before entering short.
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