### **📊 Technical Analysis – Micro Bitcoin Futures (MBT1!) – 1H Chart**
🚀 **Current Price:** **$106,145**
📉 **Short Setup Active:** **Sell Limit at $107,500**
---
### **🔍 Key Observations & Market Structure**
1️⃣ **Resistance Cluster at $107,500 - $108,500**
- **Multiple previous rejections** from this zone suggest heavy sell-side pressure.
- **Liquidity sweep potential**: A brief spike above before a reversal is possible.
- **Volume Profile shows high supply here**, aligning with our short setup.
2️⃣ **Support Zones to Watch**
- **$106,000:** Psychological level, minor liquidity but vulnerable.
- **$104,000:** Stronger demand zone; volume profile suggests buyers here.
- **$102,500:** Key **high-volume node**, deeper support & likely take-profit zone.
3️⃣ **Momentum & Indicators**
- **RSI Bearish Divergence** → Momentum is weakening at resistance.
- **Bollinger Bands Overextended** → Upper band rejection confirms exhaustion.
- **Delta Volume** suggests sellers are stepping in **aggressively near $107K**.
4️⃣ **Breakdown Confirmation Level**
- **If $106,000 fails, we could see a quick flush to $104,000.**
- **Break below $104,000 = likely continuation to $102,500.**
---
### **📈 Trade Plan Update & Risk/Reward**
**🔻 SHORT TRADE PLAN:**
- **Entry:** $107,500 (Active Sell Limit)
- **Stop Loss:** **$108,500** (Above liquidity sweep)
- **Take Profit 1:** **$104,000** (Support test)
- **Take Profit 2:** **$102,500** (Major support, max reward)
- **Risk-to-Reward:** **3.3:1**
✅ **Best Play:** Hold short entries, let price confirm a move below $106,000 for continuation.
---
### **🔥 Final Verdict: Strong Short Bias 📉**
🔹 **Ideal rejection area for a short.**
🔹 **Bearish divergence + weak momentum confirm downside probability.**
🔹 **Break of $106,000 = Fast drop to $104K-$102.5K.**
🚨 **Plan is set—now let the trade execute!** 📊🔥
🚀 **Current Price:** **$106,145**
📉 **Short Setup Active:** **Sell Limit at $107,500**
---
### **🔍 Key Observations & Market Structure**
1️⃣ **Resistance Cluster at $107,500 - $108,500**
- **Multiple previous rejections** from this zone suggest heavy sell-side pressure.
- **Liquidity sweep potential**: A brief spike above before a reversal is possible.
- **Volume Profile shows high supply here**, aligning with our short setup.
2️⃣ **Support Zones to Watch**
- **$106,000:** Psychological level, minor liquidity but vulnerable.
- **$104,000:** Stronger demand zone; volume profile suggests buyers here.
- **$102,500:** Key **high-volume node**, deeper support & likely take-profit zone.
3️⃣ **Momentum & Indicators**
- **RSI Bearish Divergence** → Momentum is weakening at resistance.
- **Bollinger Bands Overextended** → Upper band rejection confirms exhaustion.
- **Delta Volume** suggests sellers are stepping in **aggressively near $107K**.
4️⃣ **Breakdown Confirmation Level**
- **If $106,000 fails, we could see a quick flush to $104,000.**
- **Break below $104,000 = likely continuation to $102,500.**
---
### **📈 Trade Plan Update & Risk/Reward**
**🔻 SHORT TRADE PLAN:**
- **Entry:** $107,500 (Active Sell Limit)
- **Stop Loss:** **$108,500** (Above liquidity sweep)
- **Take Profit 1:** **$104,000** (Support test)
- **Take Profit 2:** **$102,500** (Major support, max reward)
- **Risk-to-Reward:** **3.3:1**
✅ **Best Play:** Hold short entries, let price confirm a move below $106,000 for continuation.
---
### **🔥 Final Verdict: Strong Short Bias 📉**
🔹 **Ideal rejection area for a short.**
🔹 **Bearish divergence + weak momentum confirm downside probability.**
🔹 **Break of $106,000 = Fast drop to $104K-$102.5K.**
🚨 **Plan is set—now let the trade execute!** 📊🔥
TheRealMongoose
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TheRealMongoose
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.