BullishBanter
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$BTC /USDT – Retest in Play
#Bitcoin is now pulling back after hitting resistance at $115,716. The price is showing signs of weakness, which may lead to a short opportunity if the level fails to hold.
Short Trade Setup
Entry Zone: $114,600 – $114,900
Stop Loss: Above $115,200
Target 1: $114,300
Target 2: $114,100
Target 3: $113,800
Risk Management
Use only a small portion of your capital. Place stop loss strictly above resistance. Lock profits early or move stop to entry once Target 1 is hit.
This setup depends on rejection from the resistance zone. Monitor volume and price reaction closely.
$BTC
#Bitcoin is now pulling back after hitting resistance at $115,716. The price is showing signs of weakness, which may lead to a short opportunity if the level fails to hold.
Short Trade Setup
Entry Zone: $114,600 – $114,900
Stop Loss: Above $115,200
Target 1: $114,300
Target 2: $114,100
Target 3: $113,800
Risk Management
Use only a small portion of your capital. Place stop loss strictly above resistance. Lock profits early or move stop to entry once Target 1 is hit.
This setup depends on rejection from the resistance zone. Monitor volume and price reaction closely.
$BTC
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BTC
118,265.91
+0.83%