$BTC / USDT – BEARS REJECTED 117K, CORRECTION UNDERWAY 🔻
Current Price: 115,605.66 (+1.96%)
Bitcoin failed to hold above the 117K resistance, facing strong rejection wicks that confirm selling pressure. Price is now sliding lower, with downside targets around the 113K–114K zone if bears keep control.
💎 Trade Setup (Short):
Entry: 115,600 – 115,800
Targets (TP): 114,500 / 113,800 / 113,200
Stop Loss (SL): 116,800
📊 Market Outlook:
Momentum has shifted bearish after rejection at a key resistance. Unless buyers reclaim 116,000+ quickly, deeper retracement is likely. A break below 114,000 will add weight to bearish pressure.
