$BTC / USDT â Short Trade Alert: Momentum Weakening Near Resistance! đŻđ„
Bitcoinâs recent bounce has stalled near the $109,900 resistance zone after a sharp recovery. Price is now consolidating below $109K, currently trading at $108,842.06, and showing signs of waning bullish momentum. Lower highs and increased selling volume hint at a potential move back toward support.
đ Trade Setup:
âą Entry: $108,850
âą Take Profit: $107,200
âą Stop Loss: $109,950
The 4H structure suggests a lower high pattern forming, with resistance pressure capping upside. A breakdown below $108K could trigger a deeper correction, targeting key support in the $107K range. Tight risk control is essentialâmove to safety if price breaks and holds above $110K.
{future}(BTCUSDT)
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