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Most traders ignore the 4h chart—that’s exactly when BTC gets trapped.
$BTC /USDT - SHORT
Trade Plan:
Entry: 62332 – 62778
SL: 64697
TP1: 60949
TP2: 59878
TP3: 58271
Why this setup?
• 95% confidence SHORT with 1D trend bearish, yet RSI on 15m is neutral at 47.37—not oversold.
• Entry zone at 62,355, with TP1 at 60,949 and TP2 at 59,878—that’s a 3.8% drop from current.
• ATR on 1h at 892 shows volatility is alive, but the real move hasn’t started yet.
Debate:
If BTC rejects 62,778 resistance, are you shorting into 60,949 or waiting for a retest?