$BTC
/USDT SHORT TRADE SIGNAL🔴
REJECTION FROM LOCAL HIGH 🔻
WEAKENING MOMENTUM ON 15M CHART ⏳
LOWER HIGH STRUCTURE FORMING 📉
Bitcoin faced strong resistance near $106,790 and failed to hold above $106,260. Price is now forming lower highs with short-term consolidation just above the $106K zone — a classic exhaustion sign after the recent push.
Trade Setup
• Entry Point: $106,100 – $106,200
• Stop Loss: $106,820
• Take Profit:
– TP1: $105,660
– TP2: $105,370
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
BTC is showing signs of short-term weakness with a bearish structure on lower timeframes. Expect downside continuation toward the next support levels unless $106,800 is reclaimed.
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