$BTC /USDT Short Setup – Bearish Retest

Current Price: $119,500

Timeframe: 1H Chart

Entry Zone: $119,450 – $119,700

Stop Loss: $120,300

Targets:

TP1: $118,900

TP2: $118,400

TP3: $118,050

Market Insight:

BTC has slipped back toward its intraday support after failing to hold above $120K. If $119,450 breaks with strong volume, momentum could drive the price toward $118K support. A quick recovery above $120,300 would invalidate this setup and may flip bias back to long.