$BTC /USDT BEARS TESTING SUPPORT – BREAKDOWN COULD TRIGGER QUICK DROP
$BITCOIN is trading at $118,187 after losing momentum near $118,800. Price is now sitting just above the $118,080 support zone — a break below this could accelerate a drop toward $117,850 and $117,750 targets. Short-term volume shows sellers dominating after failed recovery attempts.
Trade Setup (Short-Term):
Short Entry: $118,180 – $118,300
Take Profits: $117,850 / $117,750 / $117,270
Stop Loss: $118,400
Market Outlook:
Bears are tightening control on the 15m chart, defending overhead resistance strongly. If $118,080 breaks, expect a sharp move down to lower supports. Only a reclaim above $118,400 would neutralize this bearish short-term structure.