$BTC USDT – SHORT TRADE SIGNAL🔴
🔻 REJECTION FROM $109,127 WITH BEARISH ENGULFING
🔻 PRICE FALLS BELOW EMA(7) & EMA(25) WITH STRONG DOWNSIDE WICK
BTC failed to hold above $109K and is now breaking down below key short-term EMAs. The sharp rejection candle combined with rising sell volume points to increased bearish pressure. If $108,300 fails to hold, more downside could follow.
Key Levels to Watch:
• Resistance: $108,900 – $109,100
• Support: $108,300 (EMA99)
• Breakdown Level: $108,300 for further drop toward $108K and lower
TRADE SETUP:
• Entry Point: $108,480 – $108,600
• Stop Loss: $109,200
• Take Profit:
• TP1: $108,000
• TP2: $107,600
• TP3: $107,200
• Margin: 2–3%
• Leverage: 10x
📉 Market Outlook:
BTC is showing signs of short-term exhaustion below $109K. A confirmed breakdown under $108,300 could trigger a deeper correction toward the $107K zone.
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