$BTC /USDT – Short Setup Watchlist
1. Market Context:
• Trend: Strong uptrend; BTC pushing past $90,000 with strong bullish momentum.
• RSI: ~79.15 – Overbought territory, suggesting a potential pullback or at least consolidation.
• MACD: Still bullish; momentum intact. No confirmed weakness yet.
⸻
2. Key Levels:
• Resistance Zone: $90,500–$91,000
• Support / Take-Profit Zones:
• TP1: $89,000
• TP2: $87,500–$88,000
• TP3 (Extended Target): $85,000 (Risky)
⸻
3. Risk Management:
• Entry: $90,200–$90,500 (only on confirmation)
• Stop Loss: Above $91,000
• Risk/Reward: Minimum 1:2 or better
• Position Sizing: 1–2% account risk per trade max