🚨 BTC Short Futures Trade Alert 🚨
Bitcoin (BTC) is currently facing resistance around the $118,000 - $120,000 mark. While the short-term trend is still generally positive, the Relative Strength Index (RSI) suggests overbought conditions, indicating potential for a near-term pullback due to profit-taking.
* Entry: Look for clear rejection around $118,000 - $120,000, or a break below immediate support.
* Targets: $115,000 - $113,000, then $110,000, and potentially $107,000.
* Invalidation: Sustained close above $121,000 - $123,000.