⚠️ $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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