$BTC /USDT short setup looks well thought out, especially considering:
Key Technical Signals:
Rejection at $BTC $95,725: A clear resistance zone, likely attracting short-term selling pressure.
Momentum loss + low volume: Classic signs of a potential reversal or at least a local pullback.
Tight setup: Small risk window with a defined stop-loss just above the rejection point.
Trade Summary:
Entry: #BTC $95,650–$95,720 (right near resistance)
TP:#BTC $95,250 (reasonable, aligns with minor support from previous consolidation)
SL: #BTC $95,880 (above the rejection wick — solid buffer in case of a fakeout)
Risk/Reward: About 2:1 — favorable for a scalp trade on a lower timeframe like the 15-min chart.
As long as you wait for that confirmation (like a bearish engulfing candle or breakdown on RSI/MACD), this trade idea aligns well with current market sentiment — especially in a market showing signs of topping near key levels.
Would you like a chart markup for this trade setup or want to explore how news catalysts (like the US Stablecoin Bill or BTC purchases) could affect it?