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Trade Setup: BTC/USDT Short Opportunity

Looking at the recent 3-minute chart, BTC is approaching a key resistance zone around $103,300 – $103,500.

Plan:

Entry (Sell/Short): When price reaches the $103,300 – $103,500 zone and shows signs of rejection (bearish candles or wicks).

Stop Loss: Set above $103,850

Take Profit: Target around $102,850

Reason: Price has previously been rejected from this area, and MACD is still in a bearish zone. This creates a shorting opportunity with favorable risk-to-reward.

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