‼️‼️#Bitcoin Slides Below Key Zone After Rejection~ Faces Sharp Drop After Topping Out
Is this a healthy correction or the start of a bigger drop?‼️‼️
Market Condition:
Bitcoin lost momentum after touching $123,218 and slipped down to $118,243.
Spot Trade Setup:
Support: $117,500
Resistance: $121,200
Targets:
Target 1: $119,800
Target 2: $121,000
Target 3: $122,800
Entry Zone: $117,800 – $118,400
Stop Loss: $116,800
Suggestion:
Watch $117,500 support closely. A bounce may offer a short-term scalping opportunity.
