While many call a $BTC recovery, the chart structure still signals incomplete downside.

$BTC - SHORT

Trade Plan:

Entry: 66571.26299 – 66719.13701

SL: 67088.82207

TP1: 66201.57793

TP2: 66053.70390

TP3: 65757.95586

Why this setup?

4h chart is shaping for a SHORT, supported by a bearish daily backdrop. Focus is on the reaction near 66571.26299–66719.13701 (mid 66645.20000), not the bounce. RSI 15m at 58 still favors downside (momentum neutral enough for continuation). 15m volume is only 21.36000 vs. a 363.49000 quarter-hour 1H baseline (0.06x), so sellers need clearer follow-through.

Debate:

Will this zone provide fuel for the move, or break the setup?

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