$BTC /USDT Short Trade Setup – Resistance Holding Below $115.7K
Bitcoin faced rejection near $115,700, a level acting as intraday resistance. Price action shows selling pressure forming at the top of this zone, suggesting a possible retracement toward key support levels.
Entry Zone: $115,440 – $115,460
Target 1: $115,200
Target 2: $115,000
Target 3: $114,823
Stop-Loss: $115,705
Risk Management: Allocate 3–5% of capital per trade. Once Target 1 is achieved, shift stop-loss to entry to secure a risk-free position.
Pro Tip: Watch the $115,000 psychological level closely. If BTC breaks below it with volume, bearish momentum could extend further toward $114,500.