🔥Reference plan #BTC 16/4


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💥Supply Zone(Supply Zone): Price is currently retesting an important supply zone around $75,500—where there is strong sell pressure.
Resistance confluence: The entry point lines up with the downward trendline above, strengthening the reversal outlook.

🌞Market structure: The short-term bullish trend weakens after forming a CHoCH (Change of Character) downtrend, indicating that the buying side’s momentum has been exhausted.

⭐️⭐️Liquidity target: The take-profit zone (TP) at $73,700 is focused on a large concentration of Long-side liquidity—an appropriate destination for the market to sweep back to.

👉Optimize R:R: The setup allows you to place a short Stop Loss above the supply zone, delivering an attractive risk/reward ratio.
BTC0.33%
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