BTC Short-Term 1H Short Position Setup

Key Resistance & Support Zones:

Resistance Zone (~$99,900):

This level aligns with multiple technical factors:

• Daily Order Block (OB)
  
• Point of Control (TPOC)
  
• Range High
  
• Liquidity Grab (SFP)
  

This area presents a strong technical case for initiating short positions, given the weakening buying momentum at higher levels.

Support Levels:

• $97,000: Initial support and key level to watch for bearish continuation.
  
• $95,000: A zone with potential local liquidity.
  
• $92,000: Deeper target if the downward move intensifies.
  

Short Entry Points:

1️⃣ Primary Entry: $99,500–$99,900 upon reaching the resistance zone.
2️⃣ Secondary Entry: Above $100,000 after a confirmed rejection (liquidity grab and bounce back).

Take-Profit Levels (TP):

• TP1: $97,000 — Immediate support level.
  
• TP2: $95,000 — Significant liquidity zone.
  
• TP3: $92,000 — Extended target for continued bearish momentum.
  

Invalidation Level:

A daily close above $100,500 would invalidate the short setup, signaling potential bullish continuation. In this scenario, exit the position to mitigate losses.

Analysis:

The current price structure suggests fading bullish momentum near key resistance levels. A failure to hold $97,000 would strengthen the bearish case, opening the door for lower targets. However, maintaining discipline and adhering to stop-loss levels is crucial.

Stay vigilant and adapt to market dynamics for the best outcomes.