$BTC USDT SHORT TRADE SETUP | BEARISH PRESSURE BUILDING 💯 🔥
Current Price: 119,642.09
Market Structure: Price failed to sustain above 122,300 resistance and is forming lower highs, signaling potential continuation to the downside.
ENTRY LEVEL:
Short between 119,800 – 120,300 after a minor price retracement.
STOP LOSS:
Above 120,900 to protect against a breakout reversal.
TARGET POINTS:
TP1: 118,800
TP2: 117,800
TP3: 116,500
TRADE ANALYSIS:
BTC is losing bullish momentum after repeated rejections at key resistance. A break below 118,800 could trigger stronger selling, with bears targeting deeper support levels. Watch for rejection candles near entry to confirm trade direction.
Trade here on $BTC