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#BTC ETH#Pi DOGE#
$BTC /USDT – Rejection from Resistance! Potential Short Setup Ahead! 🔻
Current Price: $109,282
$BTC surged toward $109,800 but is now showing rejection at the top with multiple wicks—indicating possible short-term exhaustion.
Short Trade Setup:
Entry Zone: $109,300 – $109,600
TP1: $108,600
TP2: $107,900
TP3: $107,200
Stop Loss: $110,000
Key Resistance:
$109,600 – $109,850
$110,000 psychological barrier
Support Levels:
$108,600
$107,200 (24H low zone)
Market Insight:
This 30M chart shows a possible double-top rejection and price struggling to break above local highs. If BTC fails to reclaim $109.6K, a short retracement is likely.
Pro Tip:
Use tight risk management. If price reclaims $110K with volume, this setup is invalidated.
Stay nimble—BTC is volatile near these levels!
$BTC