$BTC

usdt short trade setup

Current price :$108,756

At $108,774, BTC may be in an overbought, overextended phase. This level presents a high-risk, high-reward short opportunity if there are signs of exhaustion — like a shooting star candle, volume drop, or bearish divergence. Targets toward $99K and below are reasonable for profit-taking. A stop-loss above $112K is key to protect against continuation of the bullish trend.

Entry Zone: $108,000 – $110,000

Leverage: 3x – 10x (based on volatility and risk)

Targets:

Tp1. $104,000

Tp2. $99,000

Tp3. $92,000

Tp4. $85,000 (Major support)

Stop Loss: $112,000 (above psychological round number + potential breakout level)

Extremely bullish, but the $108K–$110K zone could be a blow-off top or overextended rally zone.

Fibonacci Levels: $108K lines up with the 1.618 fib extension from prior bull leg.