Bitcoin Short Trade Setup – Key Levels to Watch

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This 15-minute BTC/USD chart from Coinbase highlights a potential short trade setup. A short position is suggested only if price breaks the indicated low, with two take-profit (TP) targets marked at lower levels. The shaded area represents a resistance zone, and a break below the specified support could trigger further downside movement. Traders should monitor price action carefully before entering.

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Transaction en cours

Market Update: The price failed to break the key low despite multiple attempts, indicating temporary support. TP-1 and TP-2 remain the overall targets, meaning the market is still expected to move lower. Look for selling opportunities around resistance zones to position for the anticipated drop into these targets.

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Trade fermée: cible de profit atteinte

Market Update: The price initially struggled to break the key low despite multiple attempts, confirming temporary support. However, as expected, TP-1 has now been hit. TP-2 remains the overall target, so continue looking for selling opportunities around resistance zones to capitalize on further downside movement.