$BTC
USDT SHOWS BEARISH WEAKNESS AS PRICE SLIDES BELOW INTRADAY SUPPORT 🟥
Bitcoin is currently under short-term bearish pressure on the 15-minute chart, failing to sustain above the $118,000 psychological level. After a strong rejection near $118,200, multiple red candles confirm increasing selling pressure. The price is now hovering near $117,660, threatening a further breakdown if support fails.
🔍 Key Levels:
Resistance: $118,200 (Local Top)
Support: $117,600 (Intraday Demand Zone)
Current Price: $117,667.96
📉 Trade Setup – SHORT Trade Signal 🔴
Entry Zone: $117,700–117,800 (on minor pullback)
Stop Loss: $118,200
Targets:
TP1: $117,200
TP2: $116,800
📊 Market Outlook: BTC is rejecting higher highs and forming lower lows in the short-term structure. As long as it stays below $118k, sellers are in control. Volatility remains moderate, with bears taking the lead below $117,800.
📌 Risk Management Tip: Use only 2–3% of your portfolio for this trade. Stick to your stop-loss and do not overleverage. Discipline keeps profits alive.
🔔 Follow for more live market plays. 🚀 Ride early or regret late — setups don’t wait! 📍 This is your trigger. Enter wisely before the next move begins!
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