$BTC /USDT SHORT TRADE SIGNAL
After a strong upward rally toward $116,600, BTC is showing exhaustion signs with heavy resistance near the $116,500–$116,600 zone. Sellers are defending this level, making it a potential short opportunity if price fails to break higher.
Trade Setup (Short):
Entry: 116,200 – 116,400
Target 1: 115,500
Target 2: 114,700
Target 3: 113,800
Stop Loss: 116,800
Key Levels:
Resistance: 116,500 – 116,800
Support: 115,200 – 113,800
Market Outlook:
BTC remains bullish in the macro trend, but in the short-term, this resistance zone could trigger a pullback toward lower supports. Traders should monitor volatility closely as price nears these levels.
