$BTC USDT – SHORT-TERM WEAKNESS SHOWING AFTER DOUBLE TOP NEAR $118.8K
#Bitcoin attempted to push higher but faced clear rejection twice near $118,856, forming a local double top on the 15-minute chart. The bearish pressure has now pulled it back toward $118,150 — signaling a possible short-term downtrend unless it reclaims strength above $118,400.
Key Observations:
Resistance: $118,856 (local top), followed by $118,913
Support Levels: $117,915 → if broken, could retest $117,666
Short-Term Bias: Bearish
Outlook: A clean break below $117,900 could accelerate downside; however, reclaiming $118,400+ would flip short-term momentum back up.
📉 Scalpers may look for short setups below $118K — but intraday trend reversal only if it breaks above $118.8K with volume.
