BTC/USD: Short Play After This Bullish Rally? Let's Talk Resistance!

Watching for a Pullback

Fala galera! Hope everyone's having a good trading day. BTC/USD has been on an absolute tear, up over 2.8% in the last 24 hours and currently sitting around 81079. The trend is definitely bullish, no denying that, and we've seen it push towards the day's high of 82700.58. But you know me, I like to look at both sides of the coin. Even in a strong bullish market, there are often opportunities for short-term pullbacks or profit-taking.

My Intraday Short Setup

I'm eyeing a potential intraday short here, but only if the setup confirms. My plan is to enter at 81857. This level is a bit above the current price, but still well below the day's peak resistance at 82700.58. I'm looking for a retest of these higher resistance levels (like 81150 or 81200) followed by a rejection, maybe some exhaustion from the buyers. My Take Profit is set pretty deep at 76019, targeting a significant retracement. For a conservative risk-taker like me, the Stop Loss is crucial, so I've placed it at 857