📊 Trade Setup: $BTC – Range Weakness, Short on Bounce

BTC continues to struggle under 91.5k–92k resistance. Multiple rejections at the Bollinger midline and declining volume show buyer exhaustion. MACD is flattening on 4H and RSI remains neutral-bearish.

🔻 Short Entry: 90.8k – 91.5k (rejecting EMA20/50 cluster)

🎯 Take-Profit Targets:

TP1: 89.5k – 1H support

TP2: 88.6k–89.0k – 4H BB bottom zone

TP3: 87.0k–87.5k – liquidity gap fill

🛑 Stop-Loss: ❌ 92.3k–92.6k (above 4H supply + BB midline)

Risk:Reward: ~1:2.2+


⚠️ Risk Factors

BTC in a mid-range may fake out before breakdown.

If BTC closes 4H above 92.5k, setup invalid.

#BTC #TechnicalAnalysis #BinanceSquare