$BTC
/USDT Short Trading Signal – Bearish Setup in the Supply Zone
The price is reacting strongly from the resistance near $108,360 and forming rejection wicks, indicating exhaustion in the bullish momentum. The previous sharp upward movement is now facing selling pressure near the key supply levels, making it a favorable short opportunity.
Trading Setup (Short):
Entry Point: $107,793
Stop Loss: $108,360
Take Profit: $106,230
Margin: 2-3% of the portfolio
Leverage: 10x
Market Outlook:
The bearish trend is developing after the vertical rally hit a strong resistance area. The failure to close above $108,000 indicates a potential pullback towards the previous breakout level near $106,200.
$BTC C