$BTC USDT BEARISH REVERSAL SIGNAL – STRONG REJECTION AT KEY SUPPLY ZONE!
Bitcoin surged into the $106K resistance but faced an aggressive sell-off, forming a strong rejection wick and confirming supply dominance. This signals that bulls are losing steam, and bears are reclaiming control. The failure to hold above the zone marks a likely retracement toward lower support levels as momentum fades.
Trade Setup: Short Trade Signal🔴
Entry Point: 104,289
Stop Loss: 105,946
Take Profit: 103,440
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
BTC’s rejection from resistance suggests caution for long positions. If price breaks below 104K again, we may see a short-term bearish continuation toward the 103K region. Stay alert for breakdown confirmations.
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