$BTC

usdt short trade setup

Current price :$117,377

BTC is showing rejection near the 117.5k–118k area after a parabolic rally. Volume is declining, Watch for fake breakouts above 118k.

Avoid over-leveraging as BTC is still in a macro bullish trend.

Short Trade Setup

Entry Zone: 117,200 – 117,600

Leverage: 10x–20x (adjust risk accordingly)

Stop Loss: 118,500

Take Profit Targets:

Tp1. 116,700

Tp2 115,800

Tp3. 114,800

Tp4. 114,000

📊 Analysis & Summary

Trend Outlook: ⚠️ Short-term Bearish Reversal

Resistance Zone: 117,800 – 118,500

Support Zone: 114,000 – 111,000