BTC/USD 👀 Bearish Setup - Waiting for the Retest to Short!
BTC/USDShortSwing3h ago0 views
Trade Setup
Entry Price
77984.00
Stop Loss
81692.00
Take Profit
72423.00
Risk : Reward
1 : 1.50
RiskReward
Market Overview & Trend Analysis
Hey everyone! Taking a look at BTC/USD today, and it's definitely got a bearish vibe. We're currently hanging around 77242, and that -1.59% drop over the last 24 hours really highlights the current selling pressure. The trend is clearly bearish, but I'm not one to chase a trade. I like to see a bit more structure, especially for a swing trade. The immediate resistance levels around 77300 and 77350 are holding for now, and the day range has been pretty wide, hitting highs near 78786.84.
My Swing Trade Setup
For my swing play, I'm actually looking for a bit of a bounce up into a key resistance zone before trying to short it. I'm eyeing an entry around 77984. This would be a classic setup right here – a retest
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