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At this BTC level, the bears have already set up their guns.
$BTC /USDT - Go short SHORT
Trading plan:
Entry: 64152.53 – 64301.33
SL: 64941.19
TP1: 63691.24
TP2: 63334.11
TP3: 62798.42
Why focus on this structure?
- 4-hour bearish signal, confidence 95%, direction clear.
- 15-minute RSI is only 45.51; rebounds are weak, and the bears are in control.
- The 1D trend is bearish; the EMA is under pressure, and 64226.93 is the best entry zone.
- Why now? Because price is getting stuck in the resistance zone, and ATR shows volatility is about to explode, with an extremely high probability of a downside breakout.
Discussion:
Will this drop first reach TP2 (63334.11), or is it a bull-trap rebound before another fall?