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Everyone’s buying the dip, but BTC’s daily trend just screamed “short trap” at 64K.
$BTC /USDT - SHORT
Trade Plan:
Entry: 64126.92 – 64258.64
SL: 64825.03
TP1: 63718.59
TP2: 63402.47
TP3: 62928.28
Why this setup?
Why now? The 1D trend is bearish, RSI on 15m is neutral at 57.47—no momentum to break resistance. 4h short setup shows entry at 64,192 with tight SL at 64,825. ATR of 263 suggests controlled volatility, making TP2 at 63,402 the likely first target before any bounce.
Debate:
Is the 4h short a free scalp to 63,400 or a fakeout waiting to liquidate bulls?