The 15m RSI just hit 73.76 on $BIO /USDT—but the 4h signal says SHORT.

$BIO - SHORT

Trade Plan:

Entry: 0.049142 – 0.049490

SL: 0.050991

TP1: 0.048060

TP2: 0.047222

TP3: 0.045966

Why this setup?

Why now? RSI overbought on short timeframes often precedes a snapback in range-bound markets. With 1D trend flat and ATR tight at 0.001148, the short entry at 0.049316 targets a 4% drop to TP1 (0.048060) before the range low.

Debate:

Is this a false breakout trap for longs or the start of a cascade to 0.047?

Trade $BIO here 👇

BIO
BIOUSDT
0.03088
+4.14%

DYOR