$BTC USDT SHORT TRADE SIGNAL 🔴

WEAKNESS AT LOCAL RESISTANCE ZONE – RETEST FAILED TO HOLD ABOVE 118.2K

$BTC rejected from $118,499 after a weak bounce. Lower highs and strong wicks signal selling pressure. Price is struggling to reclaim key intraday levels, suggesting bearish continuation unless it reclaims $118,213 decisively.

📉 Trade Setup:

Entry Point: 117,850 – 118,100

Stop Loss: 118,600

Take Profit 1: 117,099

Take Profit 2: 116,728

Take Profit 3: 116,300

Margin: 2–3% of wallet

Leverage: 10x

📊 Market Outlook:

BTC is currently under short-term bearish pressure. Repeated rejection at $118.5K and a failure to form higher highs indicate potential for deeper downside. Bears are likely in control unless strong buying emerges above $118.2K.

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$BTC