Most traders are still buying the dip, but $BTC/USDT continues to print lower highs on the 4H chart, keeping bearish pressure intact.
🔻 $BTC – SHORT Setup
📍 Entry Zone: 73,572.3 – 73,633.5
🛑 Stop Loss: 73,896.3
🎯 Targets: • TP1: 73,382.9 • TP2: 73,236.2 • TP3: 73,016.1
📊 Why this setup?
• The daily trend remains bearish, with a 53.2% confidence score favoring further downside. • RSI on the 15-minute timeframe is at 54.6, showing neutral momentum but starting to roll over after recent overbought conditions. • The entry zone offers a favorable risk-to-reward profile, with clear downside targets before the next potential move lower.
💭 Market Question:
Are we simply fading this relief bounce toward TP2, or is the bigger breakdown still waiting below the $73K level?
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