$BTC 📉 BTC/USDT: High-Probability SHORT Setup!
On the 2-hour timeframe, Bitcoin continues to trade strictly within a descending trend channel. We are seeing a clean technical reaction: strong rejections from the upper boundary (red circles) and bounces off the lower boundary (green circles).
Price is currently approaching the key resistance zone again, providing a great opportunity to catch a high-liquidity move to the downside!
🎯 Trade Plan & Entry Point (SHORT)
📌 Entry Point (SHORT): Around $63,826 (near the upper channel border).
🛡 Trigger Condition: Watch for price action near resistance. If the upper zone holds and does NOT break upward, we take a clean SHORT position.
🚀 Take Profit Targets:
🔹 TAKE 1: ~$63,150 — First intraday target.
🔹 TAKE 2: ~$62,400 — Channel midpoint.
🎯 TAKE 3: ~$61,600 — Lower channel boundary.
🏆 Main Target (Macro Magnet): The FVG / Imbalance zone around $60,647 – $58,400.
💡 Trade Logic: There is a major unfilled Fair Value Gap (FVG) sitting right below. Smart money is very likely to pull the price down to rebalance this liquidity before any major reversal.
⚠️ Always place your stop-loss above the resistance line and manage your risk! Not financial advice.
#TradingSignals
On the 2-hour timeframe, Bitcoin continues to trade strictly within a descending trend channel. We are seeing a clean technical reaction: strong rejections from the upper boundary (red circles) and bounces off the lower boundary (green circles).
Price is currently approaching the key resistance zone again, providing a great opportunity to catch a high-liquidity move to the downside!
🎯 Trade Plan & Entry Point (SHORT)
📌 Entry Point (SHORT): Around $63,826 (near the upper channel border).
🛡 Trigger Condition: Watch for price action near resistance. If the upper zone holds and does NOT break upward, we take a clean SHORT position.
🚀 Take Profit Targets:
🔹 TAKE 1: ~$63,150 — First intraday target.
🔹 TAKE 2: ~$62,400 — Channel midpoint.
🎯 TAKE 3: ~$61,600 — Lower channel boundary.
🏆 Main Target (Macro Magnet): The FVG / Imbalance zone around $60,647 – $58,400.
💡 Trade Logic: There is a major unfilled Fair Value Gap (FVG) sitting right below. Smart money is very likely to pull the price down to rebalance this liquidity before any major reversal.
⚠️ Always place your stop-loss above the resistance line and manage your risk! Not financial advice.
#TradingSignals