$BTC /USDT – Short Setup Alert! 🚨 Signs of Reversal at Local High! 🔥

Current Price: $116,714 (+4.71%)

Timeframe: 1H Chart

Bitcoin has pulled back after testing the $118.8K resistance, showing weakening momentum and bearish candles on the 1-hour chart. The formation of lower highs suggests a potential short-term correction is on the horizon before any further upside move.

📉 Short Trade Setup:

• Entry Zone: $116.8K – $117.3K

• Targets:

• TP1: $115.2K

• TP2: $113.8K

• TP3: $111.8K

• Stop Loss: $118.4K

💡 Pro Tip: Wait for a clean drop below $116.5K for confirmation. Given rising volatility, consider locking in profits quickly.

Now could be the perfect time to short the bounce before further downside! 🔻📉

$BTC

Live Price: $117,515.6 (+4.31%)

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