⚡ BTC/USDT Short Swing Trade Setup (1-3 Days)**
**Current Price:** $96,814 (-0.36%) | **Range:** $96,350 - $97,895
=> Btc short at cmp
#### **🔍 Technical Trigger**
1. **Rejection Pattern:**
- Failed breakout above $97,895 (24h high) → Sellers stepped in.
- Lower highs on 4H chart: $97,895 → $97,424 → $96,814 (bearish structure).
2. **Key Levels:**
- **Entry Zone:** $96,800 - $97,000 (retest of broken support).
- **Stop-Loss:** $97,900 (above yesterday’s high).
- **Targets:**
- $96,000 (immediate support) → **+0.8% profit**.
- $94,862 (May 25 low) → **+2.0% profit**.
- $92,000 (200D MA + liquidity pool) → **+5.0% profit**.
3. **Confirmation Tools:**
- **RSI 58** (bearish divergence on 4H).
- **Volume:** Declining rallies ($1.45B 24h vol = weak bids).
#### **📉 Fundamental Catalyst**
- **CPI Data Risk (June 12):** Hot inflation could accelerate downside.
- **Mt. Gox Overhang:** 142K BTC repayments loom (July).
---
### **🎯 Trade Execution Plan**
- **Position Size:** 1-3% of capital (high volatility).
- **Leverage:** 3-5x (conservative for swing trade).
- **Exit Strategy:**
- Scale out at $96,000 (50%) and $94,862 (50%).
- **Stop-Loss Adjust:** Trail to $97,200 if BTC drops below $96,500.
@CZ 🔶 BNB @Binance Labs – Pump or dump CPI week?”)*
