BTCUSDT 4H - Short Setup

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BTCUSDT 4H - Short SetupBTCUSDT Perpetual ContractBYBIT:BTCUSDT.PNeshevvvBitcoin is rejecting the 0.618 Fib retracement (76,696) right under the descending trendline. We had a liquidity sweep above the recent highs, followed by strong bearish displacement and clear rejection from the supply zone. Price is now struggling below the Fib level and the trendline — textbook distribution before continuation lower. Short Trade Levels: Entry: 76,600 – 76,900 (current rejection area) Stop Loss: Above 78,200 (structure high) Targets: TP1: 75,750 (daily level) TP2: 73,765 TP3: 70,715 – 70,465 Bias: Bearish while below 76,500 Invalidation: Above 78,200 Clean rejection at Fib + supply zone. Nice risk/reward on this short. Not financial advice — just chart observation.