$BTC – Sharp Pullback Eyes Lower Support Levels
BTCUSDT
Perp
117,867.6
-3.18%
Bitcoin has fallen more than 4%, breaking below key support and showing rising bearish momentum. If sellers stay in control, price may test the 117,000–115,000 range. Bulls need to push above 121,000 to regain upward momentum.
Trade Setup (SHORT)
Entry Zone: 118,000 – 119,000
Targets: 117,000 / 115,500 / 114,000
Stop Loss: 121,500
Risk Management: Limit risk to under 2% per trade and tighten stops if momentum picks up.