$BTC USDT – SHORT TRADE SIGNAL🔴
Bitcoin is facing rejection from the $121,150 – $122,340 resistance zone after a recovery attempt, indicating potential downside pressure. A break below $120,000 could accelerate the move toward the next key support at $117,460.
Key Levels:
Resistance: $121,150 – $122,340
Support: $119,140 – $117,460
Breakdown Zone: Below $120,000 for bearish continuation
Trade Setup:
Entry Point: $120,000 – $120,100
Stop Loss: $121,150
Take Profit: TP1 $119,140 | TP2 $117,460
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Bearish momentum likely if $120,000 fails to hold, with sellers aiming for the $117,500 zone. A close below $119,140 would confirm further downside potential. 📉
#Bitlayer #BTCOvertakesAmazon #BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert
Bitcoin is facing rejection from the $121,150 – $122,340 resistance zone after a recovery attempt, indicating potential downside pressure. A break below $120,000 could accelerate the move toward the next key support at $117,460.
Key Levels:
Resistance: $121,150 – $122,340
Support: $119,140 – $117,460
Breakdown Zone: Below $120,000 for bearish continuation
Trade Setup:
Entry Point: $120,000 – $120,100
Stop Loss: $121,150
Take Profit: TP1 $119,140 | TP2 $117,460
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Bearish momentum likely if $120,000 fails to hold, with sellers aiming for the $117,500 zone. A close below $119,140 would confirm further downside potential. 📉
#Bitlayer #BTCOvertakesAmazon #BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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