Everyoneâs calling this a bear trapâI smell a fakeout instead.
$BTC /USDT - LONG
Trade Plan:
Entry: 64305.60 â 64340.80
SL: 63759.09
TP1: 64746.29
TP2: 65028.34
TP3: 65451.43
Why this setup?
⢠1D trend is bearish, but 4h structure just armed a LONG with 89% confidence.
⢠RSI on 15m is 70 (overbought) yet price is holding above 64,323âbuyers absorbing supply.
⢠TP1 at 64,746 is only 0.66% away; if we break 64,557 (invalid level), bears lose control.
⢠Why now? Momentum is shifting intraday despite the daily cloudâearly reversal play.
Debate:
Is this a quick scalp to TP2 or the start of a trend flip? Whereâs your line in the sand?
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