$BTC USDT – SHORT TRADE SIGNAL🔴
REJECTION FROM $118.8K SUPPLY ZONE
FAILURE TO HOLD ABOVE $118.2K STRUCTURE
BTCUSDT has been rejected from the $118,800 resistance area after multiple wick rejections and lower highs. Price has now broken below the $118,200–$118,050 level, indicating a possible move back to demand.
📉 Current Price Action:
Bitcoin is trading at $118,042 with bearish candles printing below the mid-range zone. Sellers are dominating after failure to sustain momentum from the upper range.
🛠 TRADE SETUP
• Entry Point: 118,050 – 118,200
• Stop Loss: 118,837
• Take Profit:
– TP1: 117,733
– TP2: 117,480
• Margin: 2–3% of wallet
• Leverage: 10x
📊 Market Outlook:
BTC is showing signs of short-term weakness. If it fails to reclaim $118,200, further downside into $117,500–117,400 is expected.$BTC
