⚠️ $BTC Struggles After Quick Pump – Caution Near Support
Bitcoin surged briefly above $118,800 but failed to hold the gains, entering a sideways chop followed by a slight pullback. The price is now hovering just above the $118,000 zone. If BTC loses this level, a deeper correction toward $117,600 is possible. Bulls need to reclaim $118,500+ for upside continuation.
Trade Setup (Short Bias):
Entry: $118,150 – $118,300
Stop Loss: Above $118,600
Target 1: $117,800
Target 2: $117,600
Target 3: $117,250
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