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BTC bulls' last hurrah? 62202 short position ready
$BTC /USDT - SHORT
Trading plan:
Entry: 62109.8 – 62295.2
SL: 63092.2
TP1: 61535.2
TP2: 61090.4
TP3: 60423.1
Why watch this structure?
- 1D trend clearly bearish, 4H EMA bearish alignment, bounces are short opportunities.
- RSI 15m at 52.29 neutral zone, not oversold, downside room remains.
- Current price 62202.5, TP1 61535.2 (-1.07%), TP2 61090.4 (-1.78%), risk/reward 2.3:1.
- Why now? 95% confidence short signal, wait for entry before 62719.3 invalidation trigger.
Discussion:
Will this hit TP2 first, or fakeout bounce to SL?