🚨 $BTC Looks Vulnerable — Is Another Leg Down Coming?
Bitcoin is hovering around $64.7K, but the higher-timeframe trend still leans bearish. While short-term RSI is oversold, sellers continue to hold the advantage, making this a level worth watching closely.
📉 Trade Setup • Direction: SHORT
• Entry: 64,705 – 64,781
• Stop Loss: 65,798
• Take Profit:
🎯 TP1: 63,951
🎯 TP2: 63,424
🎯 TP3: 62,633
🔍 Why traders are watching this setup: • 1D trend remains bearish.
• 4H structure supports downside continuation.
• Despite an oversold 15m RSI, bearish momentum hasn't faded.
• Risk-to-reward remains attractive for disciplined traders.
Bitcoin is hovering around $64.7K, but the higher-timeframe trend still leans bearish. While short-term RSI is oversold, sellers continue to hold the advantage, making this a level worth watching closely.
📉 Trade Setup • Direction: SHORT
• Entry: 64,705 – 64,781
• Stop Loss: 65,798
• Take Profit:
🎯 TP1: 63,951
🎯 TP2: 63,424
🎯 TP3: 62,633
🔍 Why traders are watching this setup: • 1D trend remains bearish.
• 4H structure supports downside continuation.
• Despite an oversold 15m RSI, bearish momentum hasn't faded.
• Risk-to-reward remains attractive for disciplined traders.