đ„ $BTC /USDT â Short Trade Setup đ„
$BTC faced a sharp rejection from the $123,800 resistance zone, signaling strong selling pressure as bears step back in. The rejection wick confirms weakness â ideal setup for a short opportunity.
đ Trade Setup:
đč Entry Zone: 122,300 â 122,500
đŻ Targets:
TP1: 120,627
TP2: 119,091
TP3: 118,009
đ Stop Loss: 123,435
đ Market Insight:
Bitcoin is struggling to break past the key $123,800 resistance. Unless bulls reclaim that level, bearish momentum is likely to continue. Expect a possible move toward lower supports before any recovery attempt.