$BTC /USDT SHORT TRADE SIGNAL š
REJECTED AT SUPPLY ā DOWNSIDE RETEST INCOMING!
Bitcoin just tapped into a major resistance block near $118,800 and is now stalling, showing clear signs of seller presence. Price is forming a potential double top setup and bulls are struggling to push beyond resistance. A bearish retracement is likely from this level.
š» Trade Setup
Entry Zone: 118,300 ā 118,450
Take Profits:
ā TP1: 117,600
ā TP2: 117,000
ā TP3: 116,940
Stop Loss: 118,880
Leverage: 10x
Risk Per Trade: 2ā3% of wallet
š Market Outlook
Momentum is fading below resistance with sellers regaining dominance. Unless BTC breaks and sustains above $118,900, short setups are favored. Lower highs are expected as long as the price remains below resistance.
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buy and trade here on $BTC