🛑 $BTC /USDT: Critical Rejection at Supply Zone – Pullback Incoming?

📉 Key Market Shift:

Bitcoin has just faced strong rejection at $107,870, a major supply zone, with an instant 3% drop on the 30M chart. This signals that sellers are stepping in aggressively, potentially triggering a short-term pullback if bulls fail to reclaim $108,000.

📊 Critical Levels to Watch

Resistance (New Supply Zone): $107,550–$107,870 (Must break for bullish continuation)

Breakdown Targets:

$107,200 (First liquidity pool)

$106,600 (Mid-range support)

$106,200 (Strong demand zone)

Stop Strategy:

Spot Holders: Watch $108,200 – a reclaim invalidates the bearish thesis

Futures Traders: Tight stop above $108,000

💡 Why This Pullback Could Extend

✅ Strong Supply Zone Rejection: Institutional sell orders likely clustered here.

✅ Overbought Signals: RSI was near 70 before the drop.

✅ Bearish Divergence: Price made a higher high, but volume didn’t confirm.

🎯 Short Trade Setup (Spot Caution / Futures Consideration)

🔹 Optimal Entry: $107,550–$107,870 (Retest of breakdown zone)

🔹 Targets:

$107,200 (Quick scalp)

$106,600 (Partial profit-taking)

$106,200 (Full bearish objective)

🔹 Risk Management:

Never risk >1% of capital

Watch ETF flows & macro news for sudden reversals

⚠️ Key Risks

❌ False Breakdown: If BTC reclaims $108K, shorts could get squeezed.

❌ Unexpected Catalyst: Positive ETF inflows or Fed news could reverse the drop.

❌ Low Liquidity Hours: Thin markets can amplify volatility.

📌 Pro Trader Tip

"Supply zone rejections often lead to 3-wave moves:

Initial drop (where we are now)

Dead-cat bounce (liquidity grab)

Final capitulation (max pain for bulls)

Trade accordingly!"

👇 WHAT’S YOUR MOVE?

🟢 "Shorting this pullback!"

🔴 "Waiting for a bounce to short"

🟡 "Staying neutral until $108K reclaim"

💬 Comment your strategy below!

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#Bitcoin #BTC #Crypto #Trading