$BTC USDT – SHORT TRADE SIGNAL🔴
REJECTION FROM $118,100–$118,400 SUPPLY ZONE
LOWER HIGH FORMING BELOW MAJOR RESISTANCE
Bitcoin is struggling below the $118,400 resistance, with repeated rejections near the upper wick zones. Price action shows a lower high forming after a bounce, suggesting exhaustion and a possible retracement back toward key demand levels.
🔻 Trade Setup
• Entry Point: $117,800 – $118,100
• Stop Loss: $118,400
• Take Profit:
• TP1: $117,400
• TP2: $116,080
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
BTC remains capped by the supply zone, with a possible revisit of the $116K demand block if $117,400 breaks. Momentum favors short-term downside.
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