🚨 $BTC CUSDT SHORT TRADE SIGNAL 🔴 – BEARISH REJECTION AT RESISTANCE 🚨
Bitcoin is showing strong rejection from the major resistance zone around 107,650 – 107,700, with a clear bearish engulfing pattern indicating a potential downward move. Sellers are stepping in aggressively, hinting at a reversal back to lower support zones.
🔻 TRADE SETUP:
Entry: 107,320 – 107,350
Targets (TP):
TP1: 107,000
TP2: 106,850
TP3: 106,640
Stop Loss: 107,700
📊 MARKET OUTLOOK:
Momentum is shifting bearish after a strong rally failed to break above key resistance. If price maintains below 107,650, expect a move towards 106,640 support, where buyers might re-enter for a bounce.
⚠️ RISK MANAGEMENT:
Always risk only 1-2% per trade. Wait for candle confirmations before entering shorts to avoid false breakdowns.
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