$BTC /USDT is showing a continuation of its downtrend after losing the $118,800 support, now trading at $117,372.
A breakdown below $117,300 with increasing volume confirms bearish momentum.
A retest of the $118,800–$119,200 zone that gets rejected would offer a safer short entry. Volume remains elevated at $3.62B, supporting the downside case.
Entry (Aggressive): $117,300 – $117,500
Entry (Conservative): $118,800 – $119,200
TP1: $116,000
TP2: $115,000
TP3: $113,500
Stop Loss:
– Aggressive: $118,000
– Conservative: $119,500
Risk Management: Keep risk tight (0.5–1% of capital), and monitor macro news or BTC ETF flows, as large catalysts can reverse setups quickly.
Trade here 👉🏻 $BTC
