$BTC USDT – RALLY EXHAUSTION? BEARISH CANDLE REJECTS NEW HIGH
SHARP RISE STALLS NEAR $108K
MACD OVEREXTENDED, SIGNALS COOLDOWN
$BTC spiked aggressively to $107,799 but is now showing a clear rejection with a bearish candle at the top. Momentum indicators like the MACD are overstretched, hinting at potential exhaustion and a near-term pullback.
SHORT TRADE SETUP:
Entry: $107,600
Target 1: $106,150
Target 2: $105,000
Stop Loss: $108,200
A failure to reclaim $108K could confirm a temporary top before further downside.
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