$BTC /USDT – Short Setup in Distribution Zone
$BTC is showing clear rejection from the mid-range resistance near $114,200. After multiple failed attempts to reclaim higher levels, price is now forming lower highs with a weakening structure. The setup favors a short position with a clean invalidation level above recent supply and a high-probability target toward the next support.
Trade Setup (Short):
Entry: $113,420 – $113,450
Target (TP): $112,650
Stop Loss (SL): $113,750
This short is based on visible supply zones, declining momentum, and clean price structure. A break below $113,400 could trigger accelerated downside movement.
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