⚡️ $BTC Scalping Setup (Short Bias)
Price Now: ~$102,600
Entry (Short): ~$102,500
Stop-Loss (SL): $102,800
Take Profit 1 (TP1): $102,200
Take Profit 2 (TP2): $102,000
Setup Logic:
📉 Price pulls back to VWAP/EMA → gets rejected with a volume spike → enter short on confirmation.
⚠️ SL is just above the wick of rejection.
💰 TP is near the last swing low.
📊 Market currently shows signs of fear, with increased volatility and lower highs. Traders are risk-off, often reacting to small moves with large volume. This setup aims to take advantage of quick rejections and momentum fades typical in fearful environments. Stay alert, act fast, and always manage risk strictly.