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$BTC SHORT SETUP BEARISH PRESSURE BUILDING BELOW RESISTANCE 🔥
Entry: $61,800 - $61,950 🔥
Target: $61,400 / $61,000 / $60,500 🚀
Stop Loss: $62,250 ⚠️
Lower highs on the 15-minute chart, and every attempt to rise above $62,000 is crushed. Trading volume increases on the sell side while bids decline below $61,800. Sellers are in full control until they lose this level.
A clear break below $61,800 could lead to a quick wave towards $61,000 in the next few hours. The risk-reward is set if you control position size and move to breakeven when TP1 is reached. Are you shorting at this resistance level or waiting for a lower retest?
Not financial advice. Always manage your risk.
#BTC #ShortSetup #Bearish #Crypto