📉 $BTC /$USDT Short Setup – 12H Chart Analysis 🔍

🕒 Timeframe: 12H

💰 Current Price: $106,624

📊 Signal Type: Short (Sell)

📉 Reason: Price rejection at resistance + weakening momentum

🧠 Analysis & Rationale:

Double rejection below $108,500 shows strong resistance and seller dominance.

Bearish candlestick just formed after testing lower high, indicating a possible local top.

RSI (6) = 54.43, showing loss of bullish momentum and room for downside.

Volume slightly declining on green candles — weakening buy pressure.

Lower highs forming structure suggests bearish market structure in short-term.

🔻 Trade Setup (Short Position):

Entry: $106,600 - $106,800

Stop Loss: $108,800 (Above recent wick)

Targets:

🎯 Target 1: $104,050 (recent support zone)

🎯 Target 2: $99,600 (strong horizontal support)

🎯 Target 3: $95,100 (major liquidity grab area)

💬 Risk Management Tip: Don’t overleverage. Use proper stop loss. If BTC breaks and sustains above $109K with volume, this setup becomes invalid.

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💬 Drop your thoughts below – Bullish or Bearish?

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