Bitcoin
Short

"BTC/USD Short Setup: Supply Zone Rejection & 5% Drop Target!"

212
BTC/USD 15-Min Chart Analysis

Trade Setup by EA_GOLD_MAN_COPY_TRADE


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🔼 SUPPLY ZONE (Resistance)

🟣 Price Area: $83,427.80 – $84,313.06

This is where sellers might step in

Price is expected to reverse or slow down here

🔽 ENTRY POINT

🔵 Sell Entry: $83,427.80

Entering short trade just below the supply zone

Aiming to catch a reversal move down

⛔ STOP LOSS

🔴 Stop: $84,313.06

Placed above the supply zone

Limits risk in case of breakout upward

❗ Protects the trade from loss beyond this point

🎯 TARGET / TAKE PROFIT

🟣 Target: $79,071.05

Major support zone / demand area

Potential Drop: -$4,434.27 (-5.31%)

Big reward zone if price dumps from supply

📈 Trendline & Moving Averages

🔵 Blue = Likely 50 EMA

🔴 Red = Likely 200 EMA

Bullish momentum leading into the supply zone

Trendline supports the prior uptrend, now testing reversal

💡 Conclusion

✅ Trade Bias: Bearish (short)

⚖️ Risk-to-Reward: ~1:5 (Great!)

If price reacts at supply, this setup could pay big

But if it breaks up, stop loss keeps you safe

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