$BTC /USDT – Short Trade Entry Opportunity
Bitcoin is rejecting from the recent supply zone and forming lower highs on the chart, indicating short-term bearish momentum. A clean breakdown below $106,600 confirms continuation towards deeper support levels.
Entry Price: $106,628
Target 1: $105,600
Target 2: $104,800
Target 3: $104,446
Stop Loss: $107,429
Risk Management
This short setup carries a favorable risk-reward ratio and is aligned with intraday trend shifts. Avoid overleveraging and trail your stop if price quickly approaches the first target.
Pro Tip for followers: Focus on price action near $106,000. A 15m candle close below this level can trigger accelerated downside. Stay alert and manage risk properly.
