🚨$BTC SHORT SETUP — Bearish Momentum in Focus 📉
$BTC /USDT is showing a bearish structure after losing the 62,900 area. The daily trend remains bearish, while the 4H setup is favoring continuation to the downside.
🔻 Trade Plan
Direction: SHORT 📉
Entry: 62,826.38 – 62,881.02
Stop Loss: 63,402.77
🎯 Take Profit Targets:
TP1: 62,441.90
TP2: 62,167.36
TP3: 61,755.56
🔎 Why This Setup?
The 1D bearish trend is aligned with the 4H short setup, making this a trend-following idea rather than a counter-trend trade.
The 15M RSI is around 33.29, which is already in oversold territory. However, during strong bearish momentum, RSI can remain oversold while price continues lower.
The key level is the 63,400 area. A strong move above this zone would invalidate the short thesis.
⚠️ The Trap Question
Will BTC continue directly toward 62,167, or will sellers first get trapped by a bounce toward 63,400?
My bias: Bearish while BTC remains below the invalidation zone. 📉
Trade with proper risk management—don’t risk more than you can afford to lose. DYOR.
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