Bitcoin Short Setup – Descending Triangle Rejection

The price is approaching a key resistance level defined by the downward trendline. The expectation is that the price will reject from this resistance, leading to a bearish move.

Entry Point: Around the current price level, after confirmation of rejection from the trendline.
Stop Loss: Set at 95,446 (above the resistance level) to protect against invalidation.
Take Profit: Targeting 86,237 to 87,398, which aligns with the lower support zone.


Trade Rationale:
- The market is respecting a descending triangle pattern, which is typically bearish.
- Price is approaching a strong resistance zone.
- A lower high formation suggests a continuation of the downtrend.
- Risk-to-reward ratio is favorable, ensuring a well-managed trade.