📉 BTC SHORT TRADE SETUP

Bitcoin has just broken down from a key ascending trendline, indicating potential bearish momentum building up. Here's my current short setup:

🔻 Entry: 104,995

🔻 Stop Loss: 106,189

✅ Target: 101,101

📐 Risk-Reward Ratio: 2.8R

📈 Technical Breakdown:

Rising wedge formation with clean breakdown

Price rejected at dynamic resistance

Lower highs forming on the 30-minute chart

Increased selling pressure at key resistance zone

🎯 Strategy:

Entering after trendline break confirmation. Targeting the next liquidity zone near 101K. Tight SL to manage risk.

🧠 Pro Tip:

Wait for strong confirmation candles before entering. Patience pays in precision setups.

Follow @Cryptoholic for more professional insights, real-time trade setups, and market breakdowns exclusively on Binance.

#BTC #Bitcoin #CryptoTrading #BinanceFutures #TechnicalAnalysis #ShortSetup #Cryptoholic