$BTC /USDT BEARISH CORRECTION SETUP

$BTC/USDT is experiencing a bearish correction after failing to break above resistance near 122,335. The price is testing critical support levels around 118,800-119,000. A confirmed breakdown below this zone could accelerate further downside pressure.

Short Entry: Enter short near 119,100-119,300 on confirmation of rejection or bearish reversal patterns.

Take Profit Targets: TP1 at 118,000, TP2 at 117,200 – key support areas for profit taking.

Stop Loss: Place SL above 120,000 to guard against sudden bullish reversals.

Risk Management: Ensure a minimum risk-reward ratio of 1:2. Use strict position sizing to risk only 1-2% of total trading capital per trade. Monitor volume and price action for early signs of reversal to adjust stops accordingly.

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