$BTC – Short Trading Opportunity at Channel Resistance!
It has just been rejected from the top of the ascending parallel channel, showing signs of exhaustion. A clean short setup is forming as the price starts to pull back towards key support levels.
🎯 Trading Setup (Short):
Entry Area: $106,800 – $107,000 (Channel Rejection Area)
Target 1: $105,950
Target 2: $104,600
Target 3: $103,400
Stop Loss: $107,600
✅ Professional Tip:
For a safer entry, wait for a bearish test or a break below $106,000 with volume.
Use a tight stop loss control — this is a high-risk reward setup but needs confirmation.
BTC is cooling at resistance — the short-term sell setup seems favorable if the momentum holds!