🚨 BTCUSDT Perpetual – Short Setup with Strong Confluence
Bitcoin is showing classic distribution signs after failing to sustain above 68,000:
Clear rejection at the 68,000–68,900 liquidity zone (previous highs)
Price now below both the 7-period (~67,959) and 25-period (~68,130) MAs on the 1h chart
Bearish momentum confirmed: RSI(6) deeply oversold at 25.5, RSI(14) at 36.4 – divergence building on lower timeframes
Volume profile shows fading buy interest on the latest push, with increasing sell volume on red candles
Structure break below 67,800–67,900 micro support reinforces downside bias
Trade Setup – Short BTCUSDT
Entry: 68,300
Stop Loss: 68,600
Take Profit: 65,500
Risk-Reward Ratio: 1 : 9.33
Execution Plan:
Partial profit at 67,000–66,500 (first major support)
Trail remaining position or target full TP at 65,500
High-conviction asymmetric short with clean invalidation and excellent reward potential.
Who’s joining the short side? Drop “SHORT” below if you're in 👇
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