$BTC /USDT short trade signal ๐ฆ๐
SHORT TRADE SIGNAL โ BEARISH REJECTION FROM RESISTANCE ZONE!
Bitcoin faced a strong rejection from the $106,468 resistance zone after a sharp intraday rally. Price formed a double top followed by aggressive sell volume, indicating a potential short-term reversal. The 30-min chart shows a clear break back below the previous support-turned-resistance zone near $105,989.
Trade Setup (SHORT):
Entry: $105,800 โ $106,200
Target 1: $104,500
Target 2: $104,075
Stop Loss: $106,500
Why Short?
BTC failed to hold above the key resistance and is now trading back inside the previous range with strong bearish candles and rising red volume. The failed breakout and long upper wicks suggest seller dominance. A clean break below $105,400 confirms further downside risk.
Risk Management Tip:
Donโt overleverage โ place your SL slightly above local highs and always watch volume confirmation before scaling in.
Donโt let this breakout trap you โ sell high, ride the rejection down smartly!
Ride the momentum before it fades โ profits favor the fearless!
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buy and trade here on $BTC