$BTC /USDT SHORT TRADE SIGNAL🔴
REJECTION FROM $102K ZONE
BEARISH ENGULFING CANDLE FORMED ON 30M
RESISTANCE CONFIRMED AT $102,140
Bitcoin failed to hold above $102,140 after a sharp recovery from $98,200 lows. Price faced heavy rejection, forming a bearish engulfing candle at a key resistance zone — suggesting downside continuation if support breaks.
🔻 Trade Setup
• Entry Point: $101,400 – $101,600
• Stop Loss: $102,200
• Take Profit:
1️⃣ $100,050
2️⃣ $99,000
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
BTC is showing signs of a lower high with rejection near previous supply zone. If selling volume sustains, a move toward $99K is highly probable before any potential bounce.
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