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Everyone is watching $BIRB /USDT bounce, but the 4h structure just confirmed a SHORT trap.
$BIRB - SHORT
Trade Plan:
Entry: 0.0675100 – 0.0678700
SL: 0.0721494
TP1: 0.0643455
TP2: 0.0621158
TP3: 0.0587713
Why this setup?
- RSI at 28 on 15m—oversold but still trending down with no reversal signal.
- 1D trend is range, meaning this dip isn't a breakout—it's a repeat rejection.
- Entry at 0.06769 with TP1 at 0.06434 gives a 5% move before any squeeze risk.
Debate:
Is this the final shakeout before a liquidity grab, or are shorts about to get wrecked by a fakeout?
#GUSDYieldRisesto3.8%