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They're calling this a bear trap, but the 4h chart tells a different story for BTC.
$BTC /USDT - LONG
Trade Plan:
Entry: 67741.358887 – 68041.241113
SL: 66991.653324
TP1: 68790.946676
TP2: 69090.828902
TP3: 69690.593353
Why this setup?
Daily trend is down, but the 4h setup is LONG. RSI(15m) at 43 shows room to run before overbought. Entry zone is tight (67.7k-68.0k), targeting a bounce toward TP1 at 68.8k.
Debate:
Is this a genuine 4h reversal or just a dead cat bounce before more downside?
Click here to Trade 👇️$BTC