BTC short-term RSI is overbought—does this short trade have an 80% win rate?



$BTC /USDT - SHORT

Trading plan:
Entry: 64399.8 – 64501.0
SL: 65081.7
TP1: 63976.9
TP2: 63661.2
TP3: 63187.8

Why focus on this structure?
- The 4-hour timeframe trend is clearly bearish. RSI (15m) has reached 74.59, indicating short-term overheating.
- Based on the EMA structure, price is around 64450. The downside TP1 is 63976, and TP2 is 63661.
- We’re currently in a “waiting” state. The entry zone is 64399–64501, SL is 65081, and the risk-reward ratio is reasonable.
- Why now? An overbought signal plus trend confluence means a high probability of a short-term pullback.

Discussion:
Do you think this short order will first reach TP2, or will it get trapped long and stopped out?
BTC0.24%
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