#BTC USDT SHORT TRADE SIGNAL ๐ด
SHARP REJECTION FROM $106.5K โ BEARS IN CONTROL
After testing the $106,500 resistance zone, BTC faced a strong rejection with a massive red candle breakdown, confirming bearish dominance. The current consolidation near $103K looks weak, hinting at a potential continuation toward lower supports if $102,300 breaks.
๐ TRADE SETUP:
Entry Point: $103,300 โ $103,600
Stop Loss: $104,200
Take Profit:
โข TP1: $102,350
โข TP2: $101,000
โข TP3: $99,500
Margin: 2โ3% of wallet
Leverage: 10x
๐ MARKET OUTLOOK:
Momentum is bearish on the 1H chart with lower highs and large red candles dominating the recent price action. BTC needs to reclaim $104,200 quickly to avoid deeper downside pressure. Watch the $102,300 support zone closely โ a breakdown could trigger further decline.
