$BTC /USDTBOOOOOOOOOM short trade signal 🛑🚦♥️BEARISH PULLBACK LOOMS AFTER STRONG REJECTION FROM $110K RESISTANCE

Bitcoin is showing weakness after failing to sustain above the $110,000 resistance, currently trading near $106,825 (-2.97%). The repeated rejections at higher levels signal seller dominance, with momentum indicators pointing towards a potential short-term correction. Buyers are losing strength as BTC struggles to hold above key support at $106K, suggesting that a bearish retracement could follow before any next bullish continuation.

Trade Setup:

Entry (Short): $106,800 – $107,000

Take Profit (TP): $105,300 / $103,800 / $101,500

Stop Loss (SL): $108,200

Market Outlook:

Bitcoin remains bullish in the higher timeframe but may face a short-term correction due to profit-taking near the $110K zone. A clear break below $105K could accelerate selling pressure, while reclaiming $108.5K would invalidate the bearish setup.

#Bitcoin #BTCUSDT #CryptoAnalysis #BearishSetup #cryptotrading

buy and trade here on $BTC