BTC/USD Intraday Short: Is this Bearish Pullback Setting Up for a Deeper Dive?

Hey everyone! Hope you're all having a solid trading day. I've been eyeing BTC/USD lately, and with the current bearish trend, I'm thinking about a potential intraday short play. The current price is hovering around 76672, and we've seen it dip almost half a percent in the last 24 hours. The day range has been pretty wide, from 75138.56 to 78205.44, so there's definitely some volatility to work with.

Charting the Course

Looking at the charts, it feels like we're seeing some classic setup right here. The trend is clearly bearish, which aligns with looking for a short. I'm waiting for a pullback to hit my entry at 77408. This level sits right between the