$BTC _ In a Deep pullback phase🔴🔴
Bitcoin failed to sustain above $113,465 resistance and is now showing strong bearish momentum after repeated rejections. Price is currently trading near $112,050 and bears are targeting deeper levels with downside pressure building.
Trade Setup (Short):
Entry Zone: 112,400 – 112,600
Take Profit 1: 111,600
Take Profit 2: 111,000
Take Profit 3: 110,500
Stop Loss: 113,680
Market Outlook:
Momentum favors sellers as BTC struggles below key resistance. Any retest of 112,600–112,800 zone could attract more shorts. Unless bulls reclaim 113,500+, Bitcoin remains exposed to further declines toward 110,500.
