$BTC /USDT BEARISH REVERSAL SIGNAL – WATCH FOR A DROP BELOW $105K!
Bitcoin is showing early signs of weakness after multiple rejections near the $105,900 resistance. Price action on the 1-hour chart reveals a bearish divergence with RSI flattening and lower highs forming. If fails to reclaim $106K, we could see a correction toward support at $103,800.
Trade Setup (SHORT):
Entry Price: $105,400 – $105,800
Target 1: $104,600
Target 2: $103,800
Target 3: $102,300
Stop Loss: $106,250
Why Short?
The rejection at a key supply zone and weakening momentum suggest that bears are gaining control. If $BTC breaks below $105,000 with strong volume, it would confirm a shift in trend and open downside room. Wicks on the upper candles reinforce seller presence.
Risk Management Tip:
Always secure partial profits at TP1 and adjust your stop-loss to entry after TP1 is hit. Don’t chase late entries — wait for confirmation below $105K for safer downside exposure.
Sell smart — don’t chase green candles when the trend is turning red!
