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Bear alert maxed out—will BTC really break $62,000 this time?
$BTC /USDT - SHORT sell
Trading plan:
Entry: 63,375.3 – 63,538.1
SL: 64,238.0
TP1: 62,870.7
TP2: 62,480.1
TP3: 61,894.1
Why focus on this structure?
- The 1-day trend is clearly bearish, and the 4-hour direction is also SHORT, with confidence as high as 95%.
- The current 15-minute RSI is only 38.15, already in the weak zone, with insufficient rebound momentum.
- Entry price 63,456.7, right near the EMA bearish suppression line; TP2 at 62,480.1 is right in front of you.
- Why now? The 1-hour ATR is only 325; after volatility convergence, it often comes with a breakout, and the shorts have finished building their momentum.
Discussion:
Will this leg reach TP2 first, or is it a fakeout with a reversal that sweeps the SL?