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BTC bearish signal 95%, will this drop break through 63,800 this round?
$BTC /USDT - SHORT sell
Trading plan:
Entry: 64,957.4 – 65,145.4
SL: 65,953.9
TP1: 64,374.5
TP2: 63,923.2
TP3: 63,246.3
Why focus on this structure?
- 4-hour SHORT, confidence 95%, the 1D trend is clearly bearish.
- Current BTC is around 65,051; RSI on 15m is only 49.61, rebounds lack strength.
- Why now? EMA resistance + ATR 1h volatility of 376 points; downside momentum hasn’t exhausted.
- TP1: 64,374; TP2: 63,923; SL: 65,953; risk-reward is favorable.
Discussion:
Will this move first hit TP2, or is it a bull trap?