$BTC USDT short trade signal 🚦 🛑
BEARISH MOVE UNFOLDING — THE DROP HAS BEGUN 🔻
Bitcoin has failed to hold above the resistance near $119,600 and has triggered a strong rejection candle on the 1H chart. This signals a shift in momentum as sellers reclaim dominance, pushing the price below the demand zone. A short opportunity emerges with a clean risk-to-reward setup.
🔴 Short Trade Setup
• Entry Zone: $118,800 – $118,500
• Take Profit Targets:
‣ TP1: $117,800
‣ TP2: $117,200
‣ TP3: $116,200
• Stop Loss: $119,700
• Leverage: 10x
• Margin: 2-3% of your wallet
📉 Market Outlook:
Bitcoin is facing intraday selling pressure as it gets rejected from local highs. If volume supports this breakdown, we could see a deeper retracement toward previous consolidation levels.
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