#BTCWhaleMovement $BTC
📌 BTCUSDT Short Setup (Rejection at Resistance)
🚨 Trigger Condition:
Price fails to hold above 108,000 and gets rejected by the wedge resistance.
Watch for bearish candle formation (e.g., bearish engulfing or strong red candle near 108K–109K).
✅ Entry:
Entry zone: 107,800 – 108,200 USDT (rejection zone near upper wedge)
🛡️ Stop-Loss:
Above the recent wick high or wedge resistance breakout:
Stop-loss: 110,200 USDT
🎯 Targets:
1. Target 1: 105,500 USDT (minor support)
2. Target 2: 104,000 USDT (major horizontal support)
3. Target 3: 97,700 USDT (macro support & wedge bottom)
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⚖️ Risk–Reward Ratio (approx.):
Entry: 108,000
Stop: 110,200 (2,200 loss)
Target 1: 105,500 (2,500 gain → 1.1R)
Target 2: 104,000 (4,000 gain → 1.8R)
Target 3: 97,700 (6,300 gain → 2.86R)
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🔁 Trade Management Tips:
Secure partial profits at 105,500.
Move stop-loss to breakeven.
If momentum is strong, let rest ride to 97,700.