🔻 $BTC /USDT – Reversal Brewing After Resistance Rejection! 🧨
$BTC just tapped the upper boundary of its ascending channel and quickly pulled back — classic exhaustion move. The current structure signals a possible trend shift as sellers step in.
📉 Technical Breakdown:
• Upper trendline rejected
• Red candles forming on LTFs
• Support levels now back in focus
🧠 Why This Matters:
• Price was stretched above channel median
• Momentum flipping bearish
• Key zones below offer profit room for short trades
📍 Short Trade Plan:
• Sell Zone: $106,800 – $107,000
• TP1: $105,950
• TP2: $104,600
• TP3: $103,400
• Stop Loss: $107,600
⚠️ Pro Tip:
Wait for confirmation — either a retest rejection or volume flush below $106K. Use tight SL to lock risk. This setup favors risk-reward traders looking for a clean fade.