"Bitcoin Bearish Reversal Setup: Supply Zone Short Strategy"

🔵 SUPPLY ZONE (Resistance Area)

💥 Strong selling area around 85,800 - 87,800 USD

Historically, price got rejected here

Expect sellers to step in again

✍️ ENTRY POINT

📍 Just below the supply zone (~85,889.89)

Ideal for short position setup

Watch for bearish candlestick patterns for confirmation

🛑 STOP LOSS

❌ Placed above the supply zone at 87,796.97

Keeps risk under control if breakout happens

🎯 TARGET POINT (Support Area)

📉 Around 78,000 USD

Marked by previous support and structure

Great Risk-to-Reward ratio

📐 PATTERN WATCH

Looks like a harmonic pattern (maybe Gartley or Bat) 🦇

Suggests reversal from point D

Also resembles a rising wedge, which is bearish

📊 EMA (9-period)

🧭 Price hovering above the 9 EMA (84,704)

A break below it = bearish confirmation

Summary

🔻 Bearish bias

🛒 Short near supply zone

❌ SL above 87,800

🎯 TP around 78,000