*๐จ BTC Short Signal in Play โ Exhaustion at the Top? ๐งจ*
Bitcoin looks overheated near resistance and just triggered a short setup. Letโs break it down:
๐ป *Short Trade Setup*
- *Entry Zone:* 108,500 โ 108,700
- *Current Price:* 109,769.3 ๐จ (Above entry range)
- *Stop-Loss:* 110,300 ๐
- *Targets:*
โข TP1: 107,400
โข TP2: 106,500
โข TP3: 105,000 ๐ฏ
๐ *Why This Setup?*
- BTC pushed above local highs but is losing steam
- Hitting major resistance zone with weakening momentum
- RSI shows bearish divergence ๐ฌ
- MACD flattening โ possible shift in trend
โ ๏ธ *Key Risk Note:*
If BTC breaks and holds above 110K with volume, the short setup is invalid. Donโt fight the trend ๐ซ
๐ง *Play smart.* Secure profits early, manage risk tightly, and stay alert for fakeouts.
*๐ฅโ*
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