I'm going against the flow by shorting $BTC /USDT.
🧧 Setup: $BTC – SHORT
💸 Entry Zone: 71,700 – 71,900
🚨 Stop Loss: 72,122
Take Profit Targets:
TP1: 70,500
TP2: 70,450
TP3: 70,300
Rationale Behind the Setup
The 4H structure is signaling a potential short opportunity, showing signs of exhaustion near resistance. Lower timeframe momentum remains weak, with the 15-minute RSI hovering around 47.5 — indicating a lack of bullish strength.
On the higher timeframe (1D), price is still ranging, making this a classic fade-the-range high setup rather than a breakout continuation.
Key level to monitor:
Rejection around the 71.4K zone could trigger the move toward lower targets, while a break above 72.1K invalidates the setup.
It is kinda risky trade ⚠️
DYOR
$BTC
🧧 Setup: $BTC – SHORT
💸 Entry Zone: 71,700 – 71,900
🚨 Stop Loss: 72,122
Take Profit Targets:
TP1: 70,500
TP2: 70,450
TP3: 70,300
Rationale Behind the Setup
The 4H structure is signaling a potential short opportunity, showing signs of exhaustion near resistance. Lower timeframe momentum remains weak, with the 15-minute RSI hovering around 47.5 — indicating a lack of bullish strength.
On the higher timeframe (1D), price is still ranging, making this a classic fade-the-range high setup rather than a breakout continuation.
Key level to monitor:
Rejection around the 71.4K zone could trigger the move toward lower targets, while a break above 72.1K invalidates the setup.
It is kinda risky trade ⚠️
DYOR
$BTC