BTC/USD Bearish Trade Setup | CHoCH Confirmation | 1:2 RR

This analysis highlights a bearish trade setup on BTC/USD, following a Change of Character (CHoCH), signaling a potential trend reversal to the downside. The price structure suggests a retracement to a supply zone before continuing the bearish momentum.

• Entry Price: 96,302 (Expected pullback zone)
  
• Take Profit (TP): 94,102 (Key support level, potential demand zone)
  
• Stop Loss (SL): 97,402 (Above recent high for protection)
  
• Risk-to-Reward Ratio: 1:2 (Aiming for twice the risked amount)
  

This trade is structured to capitalize on a retracement before a bearish continuation, aligning with market structure shifts. The CHoCH breakout confirms the transition to a bearish bias, making this an optimal trade with a favorable risk-reward ratio.