$BTC /USDT BEARISH REVERSAL SIGNAL

Technical Analysis

Bitcoin is showing early signs of a bearish reversal after failing to break the key resistance at $119,800. Price is currently trading around $119,020, indicating rejection from the upper zone.

Key Levels:

Resistance: $119,800 – $120,000

Support: $118,000 and $116,500

Current Price: $119,020

Trade Setup (Short Entry):

Entry: $119,000 – $119,200

Take Profits:

TP1: $118,000

TP2: $116,500

TP3: $115,000

Stop Loss: $120,200

Risk Management:

Risk only 1-2% of your capital. Always set stop-loss and adjust position size based on risk/reward. Wait for candle confirmation before entry!

Stay alert – market sentiment can shift quickly!#ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #CryptoMarket4T #Write2Earn $BTC