$BTC Short Setup 1H)
The 1-hour chart shows a clear rejection from the local high at 86,999. Price is currently consolidating near 85,218 and failing to reclaim the 85,460 resistance level. Momentum is shifting bearish as we look for a continuation of the pullback.
Direction: Short
Entry : 85,200 – 85,450 (Current market)
SL: 86,050
TP 1: 84,558
TP 2: 84,000
Risking roughly 1-1.5% on this setup. Move SL to Breakeven once TP1 is hit.
The 1-hour chart shows a clear rejection from the local high at 86,999. Price is currently consolidating near 85,218 and failing to reclaim the 85,460 resistance level. Momentum is shifting bearish as we look for a continuation of the pullback.
Direction: Short
Entry : 85,200 – 85,450 (Current market)
SL: 86,050
TP 1: 84,558
TP 2: 84,000
Risking roughly 1-1.5% on this setup. Move SL to Breakeven once TP1 is hit.
