$BTC

USDT – CONSOLIDATION OR BREAKDOWN? CRUCIAL ZONE AHEAD!

LOWER HIGHS ARE PRESSURING BULLS

SHORT-TERM SUPPORT AT $119,200 TESTED

Bitcoin is showing signs of weakness on the 15-minute chart after a steady downtrend from the $122,000+ zone. The recent bounce from $119,202 lacked strong momentum, indicating indecision. Bulls are attempting to hold ground, but lower highs suggest increasing selling pressure.

TRADE SETUP

Direction: Short

Entry: $119,820

Targets (TP): $119,000 → $118,300

Stop Loss (SL): $120,405

If BTC loses the $119,200 level decisively, expect further downside. Caution advised until a clear reversal structure forms.

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