They’re calling it a bear trap, but the 4H structure on
$BTC /USDT suggests there might be more going on.
$BTC — LONG Setup
Trade Plan:
Entry: 67,994.47 – 68,223.12
SL: 67,422.84
TP1: 68,794.75
TP2 : 69,023.40
TP3: 69,480.71
Why this trade?
The entry zone is backed by a tight stop, keeping risk controlled. RSI is sitting neutral, building pressure for a potential expansion. While the daily trend still leans bearish, the 4H chart is offering a counter-trend opportunity. TP1 around 68.8K acts as the first key resistance test.
The Question:
Are we witnessing the early stages of a reversal, or is this simply a temporary bounce before the broader daily downtrend continues?
$BTC C
BTCUSDT Perp
68,077.5 (-0.61%)
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