$BTC SHORT Setup
The market is still trying to buy every dip, but price action continues to favor the bears for now.
Trade Plan Entry: 61356.74 – 61437.26
Stop Loss: 62307.85
TP1: 60713.86
TP2: 60258.44
TP3: 59575.30
Why this trade? • The higher-timeframe trend remains bearish, while lower-timeframe momentum is neutral rather than oversold.
• The entry zone offers a defined risk level, making the setup attractive if sellers maintain control.
• The first target is relatively close, creating an opportunity for a quick move before any meaningful recovery.
Your view?
Would you open a short from this zone, or wait for a retest near 62,307 before entering?
The market is still trying to buy every dip, but price action continues to favor the bears for now.
Trade Plan Entry: 61356.74 – 61437.26
Stop Loss: 62307.85
TP1: 60713.86
TP2: 60258.44
TP3: 59575.30
Why this trade? • The higher-timeframe trend remains bearish, while lower-timeframe momentum is neutral rather than oversold.
• The entry zone offers a defined risk level, making the setup attractive if sellers maintain control.
• The first target is relatively close, creating an opportunity for a quick move before any meaningful recovery.
Your view?
Would you open a short from this zone, or wait for a retest near 62,307 before entering?