$BTC USDT SHORT TRADE SIGNAL š“
Price surged aggressively out of a rounded bottom pattern but got instantly rejected from the $105,800 resistance zone ā forming a potential top. Sellers are now stepping in with tight consolidation just below key resistance, signaling possible continuation to the downside.
Trade Setup:
ā¢ Entry Point: $104,900
ā¢ Stop Loss: $105,800
ā¢ Take Profit: $101,036
ā¢ Margin: 2-3% of wallet
ā¢ Leverage: 10x
Market Outlook:
The rejection at $105.8K after an impulsive breakout indicates a possible bull trap. If price loses the support zone near $104K, it could open the path toward $101K. Momentum weakening, and wicks at the top suggest distribution.
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buy and trade here on $BTC