$BTC Bearish Rejection at Resistance Zone

Bitcoin attempted a recovery but faced strong rejection near the $115,800 resistance zone, aligning with a previous support-turned-supply area. The price action shows a clear bearish divergence with RSI weakening near 46, indicating loss of momentum. Unless BTC reclaims the $116K zone with strong volume, more downside toward $112,000 support is likely in the short term.

Trade Setup:

Entry: $113,800 – $114,300

Stop Loss: $116,100

Target 1: $112,500

Target 2: $111,800

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