#BTC☀️ 🔴 Swing Trade Idea – Short Setup

✅ Market Context:

Price just tapped into a major supply zone (~110,000–111,000 USDT)

Strong rejection candle forming (potential order block reaction)

Recent move left imbalance (FVG) below current price

Overextended pump with unfilled FVGs + Fibonacci retracement zones below

🔽 Entry Zone (Short Entry):

109,800 – 110,300 USDT

(Retest of the supply zone or upper FVG)

🛑 Stop Loss (SL):

Above the wick high:

SL: 111,200 USDT

🎯 Take Profit Targets (TP):

TP1: 108,800 (0.382 Fib level)

TP2: 108,000 (0.5 Fib level)

TP3: 107,300 (0.618 Fib + FVG)

TP4 (final): 106,500 (0.786 Fib)

⚖️ Risk to Reward (RRR):

Entry at 110,000 → TP2 = ~2.0:1

TP3 gives ~3.0:1

TP4 gives ~4.0:1 or higher

📅 Trade Duration:

Expected swing completion in 2–5 days

(possibly by June 14–15)

🧠 Confluence for the Short:

Supply zone reaction ✅

FVG imbalance to fill ✅

Fib retracement targets line up ✅

Candle structure shows signs of slowdown ✅

Previous CHoCH + impulsive up leg → correction likely ✅

⚠️ Short Trade Management Tips:

If price breaks above 111,200 with volume, short bias becomes invalid

Watch for signs of continuation on the 1H timeframe: bearish BOS or SMC pattern

Trail your SL after TP1 or TP2 hits to protect profits