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🔻 BTC Short Trade Setup @ $107,400
✅ Entry:
Sell/Short BTC around $107,400
⛔ Stop-Loss:
Place SL above a key resistance level:
Option 1 (tight SL): $108,200
Option 2 (looser SL): $109,000 (above recent swing high)
🎯 Take-Profit Targets:
TP1: $105,500 (minor support / intraday level)
TP2: $103,000 (stronger support / previous breakout)
TP3 (optional): $100,000 psychological level
⚙️ Risk-Reward:
With Entry @ $107,400 and SL @ $108,200, RR to TP1 = 2.375
(Risk = 800 pts, Reward = 1,900 pts)
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📊 Optional Confirmation (if using indicators):
15m / 1h RSI > 70 (overbought)
Bearish divergence on 1h RSI or MACD
Price rejection from key horizontal resistance or top of Bollinger Band
Candle confirmation: Shooting Star, Bearish Engulfing, etc.
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🧠 Risk Management:
Risk 1–2% of your trading capital max
Use a trailing stop if price moves in your favor