$BTC USDT – SHORT TRADE SIGNAL🔴

🟥 STRONG REJECTION AT $109,600

🟥 BEARISH ENGULFING FROM KEY RESISTANCE

Bitcoin attempted a breakout above the $109,600 resistance zone but faced immediate rejection, forming a bearish candle. Price is now pulling back after a failed push, indicating short-term exhaustion.

🔻 Key Levels:

• Resistance: $109,600 – $109,800 (supply zone)

• Support: $108,774 and $108,552

• Breakdown Trigger: Loss of $109,000 level

📉 Current Price Action:

Price has broken below the resistance rejection wick and is retracing toward recent support. Momentum appears to favor a downside move unless $109,600 is reclaimed quickly.

🔻 Trade Setup:

• Entry Point: $109,250 – $109,400

• Stop Loss: $109,850

• Take Profit:

TP1: $108,774

TP2: $108,552

TP3: $107,990

• Margin: 2–3% of wallet

• Leverage: 10x

📉 Market Outlook:

Rejection from resistance suggests a corrective move is underway. Expect further downside pressure toward $108,500 if $109K fails to hold.

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