$BTC /USDT – Rejection at $118K Zone! 🚨 Bearish Push Ahead?
Current Price: $117,742 (-0.13%)
Timeframe: 1H Chart
Bitcoin faced a clear rejection from the $118,200 level after a minor bounce attempt. The 1H structure shows a lower high forming, hinting at weakening momentum. Sellers may step in aggressively if $117.5K breaks down cleanly.
📉 Short Trade Setup:
Entry Zone: $117,700 – $117,900
TP1: $117,000
TP2: $116,200
TP3: $115,000
Stop Loss: $118,400
💡 Pro Tip: Watch the 116.9K level — a clean breakdown below could accelerate the drop!
BTC bulls are tired, and bears are circling. Don’t miss the ride down! 🐻💣
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