🚨 $BTC / USDT – Short Trade Setup 🚨
📉 After failing to hold above 124,474, Bitcoin is locked in a clear downtrend — printing lower highs and lower lows.
The latest bounce stalled at 118,420, and sellers quickly took control again.
📌 Why This Matters:
• Key resistance rejected hard
• Trend remains bearish
• Heavy red candles show strong selling momentum
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📊 Trade Plan:
🎯 Entry: 117,800 – 118,000 (on a small bounce)
🛑 Stop Loss: 118,500 (above last resistance)
💰 Targets:
1️⃣ 116,800 – High probability (~70%)
2️⃣ 115,800 – 2R reward
3️⃣ 115,200 – 3R reward (~55% chance)
💡 Strategy Note:
A break below 117,000 could open the door to deeper downside. Target 3 depends on clearing 116,800 without a sharp bounce.
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⚠️ Risk Management First — trade the plan, not the emotion.
