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Everyone’s buying the dip, but BTC just flashed a 4H short signal with 80% confidence.
$BTC /USDT - SHORT
Trade Plan:
Entry: 66086.77 – 66261.95
SL: 67267.49
TP1: 65354.51
TP2: 64807.95
TP3: 63988.10
Why this setup?
Trend 1D is bearish, RSI on 15m is at 64 (overbought on short timeframe), and ATR is wide at 350. The entry zone around 66,174 targets TP1 at 65,354 and TP2 at 64,807. Why now? The 4H structure is rejecting resistance, and momentum is fading.
Debate:
Is BTC about to dump to 64,800, or will the bulls trap shorts first?