I’m watching a short setup with clear risk management.
📊 Trade Plan:
🔻 Entry: 68,400
🛑 Stop Loss: 68,800
🎯 Take Profit: 66,000
Risk is controlled. Reward potential is attractive.
📉 Why Short Bitcoin Here?
1️⃣ Lower High Structure
Bitcoin is forming lower highs on lower timeframes, indicating sellers are defending resistance zones.
2️⃣ Resistance Rejection Zone
The 68,400–68,800 area has acted as a supply zone, with previous rejections and weak bullish follow-through.
3️⃣ Weak Volume on Bounce
Recent upward moves lack strong volume confirmation — often a sign of a temporary relief bounce rather than real strength.
4️⃣ Liquidity Below
There’s visible liquidity resting below current price levels. Markets often move toward liquidity before reversing.
BTCUSDT
Perp
68,740
-1.78%
ETHUSDT
Perp
1,956.33
-6.13%
SOLUSDT
Perp
86.16
-1.83%