$BTC /USDT Short Trade Signal!🔥💯
Setup Overview:
The chart reveals a descending price channel, indicating bearish momentum. The price is currently retesting the upper trendline, offering a short entry opportunity.
Trade Plan:
• Entry Zone: $2.19 - $2.22 (confirm rejection at resistance).
• Stop Loss (SL): $2.25 (above the trendline breakout level).
• Take Profit (TP):
• TP1: $2.12 (near channel midline).
• TP2: $2.08 (channel lower boundary).
Trade Management:
• Secure partial profits at TP1.
• Move SL to entry once TP1 is achieved for risk-free trading.
• Exit fully at TP2 unless momentum strengthens.
Outlook:
A clean rejection confirms bearish dominance. Monitor volume for trend continuation. Stay agile in case of a breakout above the trendline.