$BTC /USDT – BULLS STRUGGLE AT 118.9K! POSSIBLE PULLBACK AHEAD
Bitcoin faced resistance at $118,922, triggering selling pressure as the momentum slowed. Price is consolidating just above $118,400, and failure to reclaim $118,800 could invite further downside tests toward lower supports.
Trade Setup (Short Position):
Entry Zone: $118,450 – $118,800
Take Profit 1: $118,150
Take Profit 2: $117,900
Stop Loss: $119,050
Market Outlook:
BTC is showing signs of short-term exhaustion after the rally. A close below $118,400 could accelerate the correction, while holding above $118,800 will be needed to resume bullish momentum.
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buy and trade here on $BTC