$BTC USDT – BEARS IN CONTROL, SHORT TRADE STILL IN PLAY
STEADY SELL-OFF FROM 120,247.80
NEW LOWS PRINTING BELOW 118,100
$BTC is now trading at $118,093.25 after an extended drop from the $120.2K high. Price just tagged a fresh low at $118,080.15 on the 15-min chart, with Parabolic SAR confirming a strong downtrend. Every bounce is being sold into, and momentum shows no signs of slowing.
Short Setup:
• Entry: $118,100 – $118,300
• Target 1: $117,550
• Target 2: $116,800
• Stop Loss: $118,650
With persistent lower highs and SAR resistance pressing from above ($118,476), $BTC is likely to see further downside unless bulls reclaim control soon.
Bear trend intact — rallies offer favorable short opportunities.