🔴 $BTC /USDT · Bias: SHORT
4h and 1h bearish EMA stacks push price lower.

Entry: 65202.59 – 65430.41
TP1: 63692.90 (-2.5%)
TP2: 62610.51 (-4.1%)
TP3: 60986.91 (-6.6%)
SL: 67481.30 (+3.3%)
Note: moderate conviction only, keep size light.

Why: The 4h trend shows price below EMA50 and EMA200, a bearish stack meaning the swing trend is down, and only 2 of 12 signals align so conviction is moderate.
Risk: Price is washed out, bounces are common from here (4h RSI 20.2, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Where do you see this going next?

⚠️ 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.