$BTC USDT – BEARISH REJECTION AT LOCAL HIGH!

WICK FORMATION AT RESISTANCE

POTENTIAL SHORT-TERM REVERSAL BREWING

$BTC surged to a 24h high of $109,646 but faced immediate rejection, forming a wick-heavy red candle near the top. This signals exhaustion after a parabolic move. MACD remains bullish, but the distance between DIF and DEA is wide — a common precursor to cooling off or minor correction.

Short Trade Setup:

Entry: $109,300

Target 1: $108,200

Target 2: $107,000

Stop Loss: $109,800

Short-term caution is advised as BTC shows signs of pausing or pulling back after an overextended rally.

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