$BTC USD SHORT TRADE SIGNAL 🔴
REJECTION FROM RESISTANCE — BEARS DEFEND THE SUPPLY ZONE!
#Bitcoin just faced a sharp rejection from the horizontal resistance at 118,444, signaling potential exhaustion in the recent bullish momentum. The price has formed a clean lower high and now looks set to test deeper support. Sellers are gaining control near this key supply zone.
🔻 Trade Setup: Short Trade Signal
Entry Point: 118,382
Stop Loss: 118,951
Take Profit: 117,073
Margin: 2–3% of wallet
Leverage: 10x
📉 Market Outlook:
The breakout attempt failed to sustain above the resistance, with increasing volume on red candles suggesting stronger selling pressure. A retest of the previous demand zone near 117,073 is highly probable if bears maintain momentum.