🟥 $BTC $ — Facing Heat at $118K!
📉 Bearish Pressure Building?
📌 Live Price: $117,739 (-0.36%)
🕐 Chart: 1H timeframe
Bitcoin’s bounce attempt fizzled out near the $118,054 resistance. Price action is forming a lower high, signaling momentum loss. A decisive drop below $117.5K could open the gates for a deeper move down.
🔻 Short Setup in Play:
🎯 Entry Zone: $117,700 – $117,900
✅ Take Profits:
• TP1: $117,050
• TP2: $116,196
• TP3: $115,000
🛑 Stop Loss: $118,400
⚠️ Key Level Alert: A solid break under $116.9K may accelerate bearish momentum — watch closely!
🐻 Bulls look drained. Bears may bite harder this time. Stay ahead of the curve!
