$BTC USDT – BEARS TESTING SUPPORT, MARKET AT CROSSROADS

Bitcoin has faced heavy selling pressure after failing to hold above 119,870, with a sharp drop to the 118,050 zone before rebounding slightly. Current price action shows sellers still in control unless bulls can reclaim key resistance levels.

Trade Setup (Short)

Entry: 119,100 – 119,300

TP1: 118,500

TP2: 118,050

Stop Loss: 119,900

Market Outlook: Bearish bias remains in play as lower highs form on the 15m chart. A break below 118,050 could accelerate the downside towards deeper supports, while recovery above 119,900 would shift momentum to the bulls.

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