🔻 BTC/USDT Pair - Sell Setup Below Key Resistance!

The BTC pair shows signs of rejection near the $119900-$118350 area, facing upper resistance and weak momentum. This area represents a high-probability selling opportunity if the price cannot regain its level above it.

📉 Sell Entry Area:

$119900 - $118350

🎯 Take Profit Targets (TP):

$116200

$114300

$112500

$110800

$108700

🛑 Stop Loss (SL):

$120600 (above the previous wick and structure)

📊 Technical Notes:

Bearish divergence on the Relative Strength Index + decrease in bullish trading volume

Key resistance area aligns with the previous distribution area

A clear breakdown below $118350 will confirm a momentum shift

📝 Note: Price action near $118350 is critical - confirmation with increased trading volume strengthens the convergence of selling positions. It is advised to manage risk tightly.

$BTC

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