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Everyone’s still buying the dip, but BTC just signaled a 95% short setup.
$BTC /USDT - SHORT
Trade Plan:
Entry: 65459.4 – 65663.0
SL: 66538.0
TP1: 64828.6
TP2: 64340.2
TP3: 63607.6
Why this setup?
Why now? The 1D trend is bearish, and on the 4h timeframe, BTC is rejecting resistance at 65,561. RSI on the 15m is already weak at 37.22, showing no buying momentum. With ATR volatility high, a drop to TP1 (64,828) is likely before any relief.
Debate:
Are you shorting here or waiting for a retest of 66,538?