Whales are placing sell short orders at 64,000—will this BTC move break the previous low?



$BTC /USDT - SHORT

Trading plan:
Entry: 63,845.73 – 63,958.45
SL: 64,443.12
TP1: 63,496.32
TP2: 63,225.80
TP3: 62,820.03

Why focus on this setup?
- On the 4H timeframe the trend is clearly bearish; the 15M RSI is only 48.56, with insufficient momentum.
- Current entry is 63,902; TP2 is 63,225 (-1.05%); SL is 64,443 (+0.84%); risk-reward ratio is 2.5:1.
- Why now? EMA moving averages are diverging downward; the 1D bearish structure hasn’t been broken yet, with bears in control.

Discussion:
Will this move reach TP2 first, or will it be a stop-run and bounce back to SL?
BTC-3.09%
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