BTCUSDT Fresh Short Setup: Targeting Key Support Zones with SMC 
2025-01-28
Category: None

Description:

This trade setup presents a  Bitcoin short opportunity  on the 4H timeframe using the  Smart Money Concepts (SMC)  framework. After a significant reaction from the supply zone, Bitcoin's price structure aligns with bearish confluences, signaling potential downside. Additionally, external events, such as the recent announcement of China's AI application "DeepSeek," may have amplified market volatility, further supporting the setup.

Trade Setup:

Entry:

Between 103,300 and 104,500
Take-Profit Levels (TP):

101,897
99,825
97,565
95,208
Stop Loss (SL):

Above 105,975
Analysis and Confluences:

Market Structure:

Bitcoin remains in a bearish trend on the 4H timeframe, with consistent lower highs and lower lows.
Supply Zone:

The price is entering the 103.3k–104.5k supply zone, a key resistance area where sellers are expected to dominate.
Fibonacci Confluence:

This zone overlaps with the 0.618–0.786 Fibonacci retracement levels, a high-probability reversal area.
Liquidity Sweeps:

Liquidity above previous highs has been swept, leaving the path clear for potential downside.
Bearish Targets:

The targets align with previous demand zones and liquidity pools at 101,897, 99,825, 97,565, and 95,208.


Trade Plan:

Confirmation: Wait for bearish price action signals or smaller timeframe BOS (Break of Structure) within the supply zone before entering.
Risk Management: Adjust position size to keep risk within acceptable levels. After reaching TP1, move your stop loss to breakeven and secure partial profits.
Final Note: While bearish bias dominates, unexpected macroeconomic events can cause reversals, so use tight risk management.
