BTC 4-hour bear trap in place?



$BTC /USDT - SHORT

Trade Plan:
Entry: 63925.3 – 64105.9
SL: 64882.4
TP1: 63365.5
TP2: 62932.1
TP3: 62281.9

Why focus on this structure?
- The 1D trend is clearly bearish; RSI (15m) at 62.46 is on the verge of overbought, with a weak rebound.
- 4-hour EMA overhead resistance; the current 64015.6 is the short entry point, and TP1 63365.5 is within reach.
- 95% confidence—why now? Because the long-trap signal has appeared; the shorts are about to take control.

Discussion:
Will this move hit TP2 62932.1 first, or will it reverse mid-way and detonate the shorts?
BTC1.51%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned