$BTC /USDT Short Trade Signal!šŸ”„šŸ’Æ

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:

ā€¢ Entry Zone: $2.19 - $2.22 (confirm rejection at resistance).

ā€¢ Stop Loss (SL): $2.25 (above the trendline breakout level).

ā€¢ Take Profit (TP):

ā€¢ TP1: $2.12 (near channel midline).

ā€¢ TP2: $2.08 (channel lower boundary).

Trade Management:

ā€¢ Secure partial profits at TP1.

ā€¢ Move SL to entry once TP1 is achieved for risk-free trading.

ā€¢ 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.

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