$BTC USDT short tread signal 🛑 🚦
BEARISH REVERSAL – THE BULLS ARE LOSING GRIP FAST!
Bitcoin has failed to hold above the critical resistance zone near 108,800, forming strong rejection wicks and breaking below the support turned resistance around 108,600. This signals a shift in momentum, with sellers stepping in aggressively. If this bearish push continues, expect a rapid decline towards lower targets.
🔻 TRADE SETUP (SHORT)
Entry Zone: 108,400 – 108,350
Take Profit:
➔ TP1: 108,000
➔ TP2: 107,800
➔ TP3: 107,726
Stop Loss: 108,620
📉 MARKET OUTLOOK:
Momentum is turning bearish after multiple failed bullish rejections at resistance levels. Price action is now respecting lower highs, suggesting continuation towards 107,700-107,800 if volume remains with sellers. A daily close below 108,200 will confirm stronger downside pressure.
⚠️ RISK MANAGEMENT:
Always risk only 1-2% per trade and adjust your lot size accordingly to protect capital.
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