🟡 BTC/USDT – Bearish Retest or Hidden Trap?
BTC formed a clear descending range, broke down, and is now climbing back inside a rising wedge (bearish structure 🔻).
Resistance: $109,262
Support: $107,400
🔍 Price is approaching resistance from inside a weak channel. Volume divergence = caution.
🧠 Trade Setup:
If BTC rejects $109.2K, short entry ✅
Target: $107.4K
SL: Above $109.5K
Confirmation = bearish engulfing at top channel
📉 This is not a bull trap. It's a trap for bulls.