$BTC – SHORT TRADE SIGNAL AS MOMENTUM WEAKENS BELOW $115,340
BEARISH ENGULFING AT LOCAL HIGH
WEAK BOUNCE FAILS TO SUSTAIN ABOVE KEY RESISTANCE
Bitcoin attempted a push above $115,300 but faced immediate rejection, forming a strong bearish candle engulfing the previous bullish setup. Price is now sliding back below the $115,100 zone, indicating weakness and the potential for further downside if $114,600 is breached. Momentum is shifting short with limited buyer strength at the top.
SHORT TRADE SETUP:
• Entry: $115,050 – $115,150
• Target 1: $114,740
• Target 2: $114,400
• Stop Loss: $115,420
Market Outlook: Weak bounce + strong rejection = bearish bias. A drop toward $114K looks likely if support fails.
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