$BTC Short 150x | Supply is active, sellers need to defend it right now.
BTC has finally entered the zone where the short thesis becomes a real trade. I've entered the position, but if this supply zone fails, the idea dies on the spot.
Trading plan:
- Entry: 79606.50000 – 79638.30000
- TP1: 79507.80000 (R:R 1:0.7)
- TP2: 79431.40000 (R:R 1:1.2)
- TP3: 79316.90000 (R:R 1:2.0)
- SL: 79775.20000
Why this setup?
- This is first and foremost a position trade: the bearish structure on the 4h timeframe, the daily range is still intact, and price is reacting exactly from 79606.50000–79638.30000.
- RSI15 is at 53, giving sellers enough room to push price lower, but only if they hold this line.
- Volume confirms the move at 0.21x, with 17.29000 traded versus 82.72000 expected—the participation is real.
My view. How you execute is up to you..