$BTC /USDT BEARISH PULLBACK AFTER SHARP DROP
#Bitcoin faced heavy selling pressure from the $124,474 high, plunging to $117,180 before stabilizing. Price is now consolidating near $119,000, but the short-term structure remains weak unless buyers reclaim the $120,500–$121,200 zone. Failure to do so could invite another leg down.
Trade Setup (Short):
Entry Zone: $119,000 – $119,500
Take Profit 1: $118,000
Take Profit 2: $117,200
Stop Loss: $120,800
Market Outlook:
Momentum has shifted in favor of sellers after a vertical drop. Unless BTC breaks back above $121,200 with strong volume, the path of least resistance leans lower toward $116,800 support.
