🔥 BTCUSD Short Setup in Focus ⚡
**Trading Plan:**
Bias: Short
Entry: 90,000 - 91,500
SL: 94,500
TP1–TP3: 84,000 / 80,500 / 78,000
**Technical Analysis:**
The 4-hour chart displays a clear bearish bias following a strong rejection from the key supply zone located between 93,185 and 94,164. This price action has established a lower high, indicating a potential shift in market structure from bullish to bearish. The rejection candle shows significant selling pressure, confirming the strength of this resistance level. The setup anticipates continued downside momentum towards the next major demand zones.
**Invalidation:**
Only a break above 94,500 would invalidate this short-term bearish outlook.
$BTCUSD$GIGGLE
GIGGLEUSDT
Perp
90.7
+1.26%
FHEUSDT
Perp
0.01565
+0.83%