$BTC Short Trade Setup
BTC is showing short-term weakness and forming lower highs. Market structure looks bearish, so I’m watching for a short opportunity.
🔴 Trade Idea: SHORT
📍 Entry Zone: 69,000 – 69,500
🚫 Stop Loss: 71,000
🎯 Take Profit Targets:
• TP1: 66,000
• TP2: 63,000
• TP3: 60,000
📊 Risk–Reward:
If entry at 69K with SL at 71K:
TP1 → ~1.5R
TP2 → ~3R
TP3 → ~4.5R
⚠️ Plan:
Once TP1 is hit, move SL to break-even to secure capital.
Risk only 1–2% of total capital per trade.
Market remains short-term bearish. A clean break and hold above 71K would invalidate this setup.
#BTC #Crypto #ShortTrade #TechnicalAnalysis #BinanceSquare
{future}(BTCUSDT)
{spot}(BTCUSDT)