🔴 $BTC /USDT · Bias: SHORT
BTC price below bearish EMA stacks on 4h and 1h, so the trend should keep falling.

Entry: 64598.07 – 64752.53
TP1: 63289.64 (-2.1%)
TP2: 62365.86 (-3.6%)
TP3: 60980.20 (-5.7%)
SL: 66522.85 (+2.9%)
Note: moderate conviction only, keep size light.

Why: The 4h and 1h charts both show price under EMA50 and EMA200, a bearish stack meaning the swing and short-term trend are down, and the 1h RSI at 44.2 shows sellers still hold momentum.
Risk: Range bottom, buyers often step in (RSI z −2.17)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

What is your read on this short setup?

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.