$BTC USDT – SHORT TRADE SIGNAL🔴
LOWER HIGH FORMED BELOW 117,600
INTRADAY REJECTION CONFIRMS BEARISH PRESSURE
BTCUSDT failed to break through the 117,600–117,650 resistance zone and is now forming a clean lower high on the chart. The bearish engulfing candle signals potential continuation down toward the 116,900 support region.
Key Technical Levels:
Resistance: 117,500 – 117,650
Support: 116,965 and 116,912
Breakdown Zone: Below 117,000 opens space for deeper downside
🔻 Trade Setup:
• Entry Point: 117,350 – 117,500
• Stop Loss: 117,650
• Take Profit:
• TP1: 116,965
• TP2: 116,912
• Margin: 2–3%
• Leverage: 10x
📉 Market Outlook:
BTC remains under short-term pressure with sellers defending the 117,600 level. Breakdown below 117K could trigger further weakness toward 116.5K.
#BTCUSDT #Bitcoin #ShortSetup #CryptoTrading #BinanceFutures