$BTC is showing clear signs of exhaustion as it nears the $109.7K resistance. The multiple rejections with wicks on top point to increasing selling pressure, and the current candle formation suggests a short-term reversal might be in play.
🔻 Short Trade Setup:
• Entry Zone: $109,200 – $109,600
• Take Profit 1: $108,600
• Take Profit 2: $107,900
• Take Profit 3: $107,200
• Stop Loss: $109,850
📊 Market Outlook:
The bullish momentum appears to be fading, and price could start retracing towards lower support levels. Watch for confirmation below $109,000 for