đŁ $BTC /USDT â Bearish Setup Playing Out! đ
TP1 â Hit at $116,200 â Bears in Control! đ»đ„
$BTC faced heavy rejection from the $119,900â$118,350 supply zone, confirming a bearish breakdown amid negative market vibes and macro uncertainty đȘïžđ
đ» SHORT Entry Zone:
đ $119,900 â $118,350 (Confirmed rejection zone)
đŻ Take Profit Targets:
1. â $116,200 (HIT)
2. đŻ $114,300
3. đŻ $112,500
4. đŻ $110,800
5. đŻ $108,700
đ Stop Loss:
$120,600 (Above previous wick & structure)
đ Technical Breakdown:
â ïž Bearish RSI Divergence still active
đ Clean breakdown from $118,350 with strong red candle
đ Volume favors continued downside
đ§± Next major support: $114,300
đš Pro Tip:
Unless BTC reclaims $118,350 with strong volume, expect deeper downside. đ Watch for reaction at TP2 zone for potential bounce!