🪙 $BTC /USDT – SHORT SETUP

⏰ 4H Timeframe | BINANCE

🔴 Trend: Channel Breakdown

📉 Price: ~$104,200

📦 Entry Zone: $104,100 – $104,500 (on retest)

🎯 Targets:

• TP1: $103,800

• TP2: $103,200

• TP3: $102,500

🛑 Stop-Loss: $106,200

📐 Risk:Reward: ~2.5R

⚠️ Bearish Confirmation: Broke below ascending channel, RSI < 40

📌 Notes:

BTC has lost channel support and is consolidating below it. Favor short entries on retest rejection. Strength returns only above $106.2K.