$BTC /USDT REJECTED NEAR RESISTANCE – SHORT OPPORTUNITY UNFOLDING!

$BTC/USDT hit a local high at $105,550.27, but failed to sustain momentum and has now pulled back to $104,888, down 1.61%. The 15-minute chart shows a clear rejection pattern followed by a lower high formation, signaling short-term bearish pressure.

🔻 Bearish Structure Building: • Strong rejection at resistance zone (105,500+)

• Price failing to hold above key level of 105,000

• Series of lower highs and red candles gaining strength

• Next support to watch: 104,430 and 104,200

📉 Short Trade Setup: • Entry Zone: 104,850 – 105,000

• TP1: 104,400

• TP2: 103,950

• TP3: 103,300

• SL: 105,650 (above recent swing high)

If BTC continues to face rejection below 105K, the path of least resistance appears downward. Short sellers can look to capitalize on breakdown confirmation below 104,700.

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