๐Ÿ”ป SHORT Entry at $BTC (DISCRETIONARY, BE AWARE)

We are taking a position from 109.800, looking for a technical pullback amid a larger bullish structure.

The area around 110.800 showed clear overextension and triple rejection. We are not against the trend, but rather operating the possible liquidity purge before continuation.

๐Ÿ“‰ Discretionary Take Profit: 105.891 โ†’ previous support zone + area with a large concentration of open longs.

๐Ÿง  We do not use an adjusted technical SL: the liquidation price is far away (147K), which allows us to hold if the price attempts a sweep above 111K before pulling back.

๐Ÿ“Š 1D Chart: bullish momentum intact, but extended.

๐Ÿ“Š 45m Chart: signs of exhaustion, low conviction, and potential tactical reversal.

โณ We expect resolution between today and tomorrow. Active management, without emotions. It's worth taking advantage of it. DYOR #Gaethje