$BTC /USDT – Short Trade Setup | Bearish Pressure Building 💯🔥
Current Price: 119,642.09 (+0.92%)
BTC failed to hold above the 122,300 resistance and is forming lower highs, signaling a potential downside continuation. Momentum is weakening, and repeated rejections suggest sellers are stepping in.
📥 Entry Zone: 119,800 – 120,300 (after a minor retracement)
🛑 Stop Loss: Above 120,900
🎯 Targets:
• TP1: 118,800
• TP2: 117,800
• TP3: 116,500
📊 Analysis:
A break below 118,800 could accelerate selling pressure, with bears aiming for deeper support levels. Look for rejection candles near entry to confirm bearish momentum.
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