BTCUSD – Short Setup from Daily Supply Zone | R:R 5.59

Wait 5 sec.

BTCUSD – Short Setup from Daily Supply Zone | R:R 5.59Bitcoin / U.S. dollarBITSTAMP:BTCUSDalenrayenPrice has retraced and we can expect if price rejects the daily supply zone (around 109,354–111,246 USD) after a strong bearish impulse. This zone aligns with prior imbalance and bearish order flow, offering a high-probability sell limit opportunity. Trade Setup Details: Type: Sell Limit Entry: 109,354 Stop Loss: 111,246 Take Profit: 98,780 Risk-Reward: 5.59R Technical Context: Daily structure remains bearish with lower highs forming. The 30m supply zone confluences with the daily supply, reinforcing the rejection area. Target set near previous demand base and liquidity sweep around 98,780. Trade Plan: Wait for price to tap into supply and show confirmation of rejection before executing. Manage risk responsibly and trail stop once price clears 1R.