BTC SELL Setup - Big Drop Loading Before Resistane

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BTC SELL Setup - Big Drop Loading Before ResistaneBitcoin / TetherUSBINANCE:BTCUSDTForex_Signals_Hub🔻 BTC/USDT Resistance Rejection – Bearish Setup Activated! 👨‍💻 Dear traders, Bitcoin is showing early signs of rejection near a key resistance zone around $120,550, with sideways movement followed by stalling bullish momentum. The 1H timeframe shows potential for a bearish pullback. 📌 Bias – Bearish (Intraday Opportunity) 🎯 Target 1 – $118,300 🎯 Target 2 – $117,200 🎯 Final Target – $116,500 🛑 Stop Loss – $120,600 ———————————— 📊 Reasoning: – Price facing repeated rejection from marked resistance zone (red box) – Sideways consolidation suggests loss of buying strength – Green box indicates ideal short entry with room for downside – Yellow arrows show expected drop path – Supertrend indicator turning cautious near resistance – High risk-to-reward for short-term traders ⚠ Wait for breakdown confirmation and manage your stop wisely!