$BTC /USDT short trade signal 🚦 🛑
BEARISH DROP SETTING UP — RETEST FAILED, SELL PRESSURE RETURNING!
Bitcoin failed to hold the key resistance around 106,400 after a sharp rally and is now showing signs of a clear bearish reversal. Price has broken down below the mid-range support and is now hovering just above a minor demand zone. If it loses this level, downside acceleration is expected.
Trade Setup:
Short Entry: 104,400 - 104,600
Take Profit: 102,800
Stop Loss: 105,300
Market Outlook:
The recent impulse has been absorbed by sellers, with visible rejection from the top supply zone. If BTC fails to bounce from the current minor support, expect bears to gain full control. Manage risk tightly and monitor 103K zone for reactions.
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