BTC/USD Supply Zone Rejection – Short Setup Towards 111,450BitcoinCRYPTO:BTCUSDlabagoldPair & Timeframe BTC/USD on the 1-hour chart. The chart is showing intraday to short-term trading levels. 2. Current Market Structure Price has been moving in a downward channel (bearish trend). Multiple lower highs and lower lows confirm the downtrend. Recently, price broke a bit above the channel but got rejected in the supply zone. 3. Supply Zone Marked between 115,318 – 116,118 USD. This is an area where sellers are expected to step in (previous breakdown zone). Price reacted from this zone and is showing bearish continuation. 4. Trade Setup Entry Point: ~115,337 USD Stop Loss: 116,118 USD (just above supply zone to protect against false breakout) Target Point: 111,468 USD This gives: Risk (SL – Entry) ≈ 781 USD Reward (Entry – Target) ≈ 3,869 USD Risk-to-Reward Ratio (RRR) ≈ 1:5, which is very favorable. 5. Current Price Action BTC currently trading around 114,614 USD (below entry). If price retests supply zone again but fails to break above, bearish continuation is likely. If BTC breaks and closes above 116,118 USD, this short setup becomes invalid. 6. Outlook Bearish bias as long as BTC stays under 116,118 USD. High probability move toward 111,450 – 111,468 USD support zone. If price holds above 116,118 USD, it could flip bullish and retest 117k+ levels. ✅ Summary: This is a short setup based on supply zone rejection within a broader downtrend. The risk-to-reward is excellent (1:5), but watch for a false breakout above 116,118 USD.