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Everyone’s still buying BTC at 63,337, but the 4h chart just screamed “SHORT” with 95% confidence.
$BTC /USDT - SHORT
Trade Plan:
Entry: 63192.3 – 63483.1
SL: 64733.3
TP1: 62291.0
TP2: 61593.2
TP3: 60546.5
Why this setup?
• RSI on 15m is 59.99—neutral but rejecting the upside, not confirming impulse.
• 1D trend is bearish, and 1h ATR of 581 means volatility is shrinking before a breakdown.
• Entry zone: 63,337–63,483. TP1 is 62,291, TP2 is 61,593. That’s a 2.7% drop before the next leg.
• Why now? The 4h MTF is aligned with the daily bear flow, and we’re still waiting for confirmation—no fakeout yet.
Debate:
Is this the short squeeze trap before 64,733, or are we finally getting the dump to 60,546?