$BTC USDT SHORT TRADE SETUP š»
Bitcoin is exhibiting continued weakness after rejection near the $106,000 supply zone. Price is now consolidating below mid-structure with signs of bearish momentum returning. A lower high formation adds to the probability of further downside.
š Trade Setup:
Entry Zone: $105,040 ā $105,100
Stop-Loss: Above $105,560 (recent supply wick)
TP1: $104,200
TP2: $104,110 (major support demand zone)
As long as BTC stays below $105,560, this short setup remains valid. Breakdown below the local consolidation confirms bearish continuation.
Stay cautious ā watch for volatility near support.
buy and trade here on $BTC