BTC USDT
2025-02-05
Category: None

🔍 Bitcoin Price Analysis - Short Setup

A potential short setup is forming on the 15-minute chart:

1️⃣ Entry Point: Below resistance, signaling the start of the short position.
2️⃣ Stop-Loss: Positioned above the resistance zone, ensuring risk management.
3️⃣ Target: A significant downward move to support at $95,833.

📉 The trend shows lower highs, suggesting bearish momentum. If price rejects resistance, we could see a continuation to the downside.

⚠️ Invalidation: If price breaks above the red zone, this short setup is invalid.

What's your take on this setup? Share your thoughts! 💬