⚠️ BTCUSDT Short Setup | Bearish Rejection Candle in Play ⚠️

After pushing to 24h high of ~$75,999, BTC formed a strong rejection wick on the 4H/1D candles — classic shooting star / bearish pin bar pattern at resistance. Price failed to close above the psychological $75k level and MA(7) ~$75,030, with immediate pullback confirming seller control.

Additional signals:
Bearish engulfing or strong upper wick rejection on recent candles → failed breakout attempt.
RSI(6) diving to 29.1 (oversold territory but showing bearish divergence from prior highs — momentum weakening on upside pushes).
RSI(12) 42.9 / RSI(24) 50.3 curling down → no strong bullish conviction left.
Volume spikes on downside candles suggest distribution / profit-taking after the recent pump.

Trade Idea (Short Position):

Entry: 75,700 (on retest of rejection zone / near prior high or 4H MA resistance)
Stop Loss: 76,000 (above the 24h high invalidation — protects against fakeout breakout)
Take Profit: 74,200 (next support cluster from recent consolidation lows + measured move from rejection pattern ≈ 1:4+ RR)

Risk-Reward: Solid 1:4+ with tight invalidation. This setup targets a relief pullback / correction after the overextended bounce from ~$72k lows.

Watching for continued lower highs and volume on downside to confirm continuation. If we break back above $76k cleanly, invalidate and flip long.

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