$BTC /USDT – Short Trade Opportunity
Bitcoin is trading around $114,200 after a small relief bounce on the 4H chart. The structure remains weak as price has been unable to reclaim the key resistance near $117,000, and rejection wicks are visible at higher levels. This setup signals a potential short continuation move toward lower supports.
Short Trade Setup
Entry: $114,200 – $114,500
Targets:
T1: $112,500
T2: $110,000
T3: $107,500
Stop-Loss: $117,100
Risk Management
Use 3–5% capital allocation and move stop-loss to entry once T1 is achieved. Protect profits as the trade progresses, since volatility remains high.
Pro Tip
If BTC fails to break above $115,000–$116,000 zone with strong volume, bearish pressure will likely dominate. Watch closely for rejection candles at resistance before confirming entry.