💥 $BTC USDT BEARISH REVERSAL LOOMING – STRONG REJECTION SEEN NEAR RESISTANCE! 💥
Bitcoin has surged into a major resistance zone but is showing signs of rejection, suggesting a potential short-term bearish reversal.
🔑 Key Levels:
Resistance: $110,250 – $110,650 (strong rejection zone)
Support: $109,260 (next demand zone)
Current Price: $109,950
📉 Trade Setup:
Entry (Short): $110,100 – $110,250
Targets:
TP1: $109,600
TP2: $109,260
Stop Loss: $110,650
📊 Market Outlook: Momentum remains bullish on higher timeframes, but the current intraday structure indicates exhaustion near resistance. A clean rejection here may lead to a corrective dip towards the $109,260 support.
⚠️ Risk Management: Always use tight stops when counter-trading strong trends. Risk only 1-2% of your capital per trade to protect yourself from sudden volatility spikes.
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💬 What’s your next BTC move – short scalp or wait for breakout? Comment below! 🚀👇
buy and trade here on $BTC