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Everyone’s still buying the dip—BTC just confirmed the trap I warned about.
$BTC /USDT - SHORT
Trade Plan:
Entry: 61584.8 – 61812.0
SL: 62789.0
TP1: 60880.5
TP2: 60335.2
TP3: 59517.2
Why this setup?
4h SHORT bias is armed at 95% confidence. RSI on 15m is already at 43.49, sliding toward oversold but the 1D trend is clearly bearish. Why now? ATR on 1h is 454—tight enough to trigger TP1 at 60,880.5 before the session flips. This isn’t a bounce; it’s a reaccumulation before the slide.
Debate:
TP1 is 1.5% away—are you shorting here or waiting for a retest of 61,812?