BTC/USD — Short Setup (intraday)

BTC/USDShortIntraday5h ago2 views

Trade Setup

Entry Price

62971.00

Stop Loss

64973.00

Take Profit

58966.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Key support at 61319.58 is holding. Resistance at 63822.42 is the target.

Fundamental Context

The macro environment favors short positions on BTC/USD. Keep an eye on upcoming data releases.

Trade Setup

Entry at 62971 with stop at 64973 gives a clean 2:1 ratio. Target: 58966.

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