$BTC USDT – SHORT TRADE SIGNAL 🔴
🔻REJECTED FROM 120,063 WITH LOWER HIGH STRUCTURE
🔻BELOW ALL EMAS – BEARS IN CONTROL NEAR 118K
BTC is showing persistent weakness after failing to hold above 120K. Price has now dropped below the 7, 25, and 99 EMAs—currently trading at 118,141 with visible pressure from the bears. A lower high is confirmed, and support at 117,683 is now under threat.
A breakdown below 117,680 could accelerate toward 117K and lower.
Trade Setup:
• Entry Point: 118,100 – 118,300
• Stop Loss: 118,750
• Take Profit:
• TP1: 117,560
• TP2: 116,800
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook: BTC is trading in a short-term bearish structure with selling pressure at every bounce. As long as it stays below the EMAs, further downside remains likely.
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