$BTC USDT – SHORT TRADE SIGNAL🔴

📉 Major Rejection at $119,240–$119,540 Resistance Zone

📌 Support Targeting $117,500–$116,800 Range

Bitcoin faces a sharp rejection from the heavy resistance block at $119,240–$119,540, confirming a double top structure. The price is now turning lower after failing to hold above this supply zone, indicating potential downside continuation.

🔍 Current Price Action:

BTC is trading near $118,750, printing lower highs and signaling selling pressure just below the key resistance. If momentum holds, it could drop toward the lower support area at $117,500 and possibly extend to $116,800.

🔻 Trade Setup

• Entry Point: $118,750–$118,800

• Stop Loss: $119,550

• Take Profit 1: $117,500

• Take Profit 2: $116,800

• Margin: 2–3% of wallet

• Leverage: 10x

📊 Market Outlook:

BTC is showing weakness after testing resistance with no breakout. Sellers are active and downside pressure could lead to another leg down toward the mid-range support zone.

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