$BTC /USDT – Bearish Rejection Confirmed | Short Setup Before Potential Drop
Bitcoin has faced a sharp rejection near the $118,000 resistance zone, with strong bearish wicks now visible on the 15-minute chart. Buyers are showing signs of exhaustion after multiple failed breakout attempts — signaling that sellers may soon take control.
A short-term pullback looks highly probable, offering a clean opportunity for scalpers.
🔻 Short Trade Setup:
Entry Zone: $117,900 – $118,000
Take Profit 1: $117,300
Take Profit 2: $117,000
Take Profit 3: $116,825
Stop Loss: $118,361
🔍 Market Insight:
BTC/USDT is showing clear momentum loss at local highs, backed by rejection candles and reduced buying pressure. While the broader trend remains bullish, this intraday move opens up a high-probability short scalp opportunity — targeting support near $116,825 before any major bounce.
📉 Current Price: $117,673.44 (-0.25%)
