*🔥 $BTC USDT Perpetual – Pro‑Trader Coin Update (Single Post)*
🚀 *Market Overview*
BTCUSDT is trading at *63,922.5* with a 1.48% drop in the last 24 h. The pair hit a 24 h high of *64,986.9* and a low of *62,465.1*. Volume stands at 56.25 K BTC (≈ 3.58 B USDT), showing decent liquidity. Fed commentary hinted at holding rates, adding macro pressure on risk assets.
📍 *Key Support & Resistance*
- *Immediate support*: *63,494.3* (recent swing low).
- *Strong support*: *62,847.3* (24 h low zone).
- *Immediate resistance*: *64,250.3* (previous peak).
- *Strong resistance*: *65,006.3* (psychological & MA zone).
🔮 *Next Move Expectation*
Price is breaking below the 5‑ & 10‑period MAs (64,091.6 & 64,158.0), signalling short‑term bearish momentum. Expect a test of *63,494* support; a bounce could reignite bulls, while a break below *62,847* would trigger deeper correction.
🎯 *Trade Targets (TG)*
- *TG1*: *64,250* – first upside reclaim target (short‑cover).
- *TG2*: *65,006* – break‑out level for bullish continuation.
- *TG3*: *65,653* – extended bullish objective if momentum holds.
⏳ *Short‑ & Mid‑Term Insights*
- *Short‑term (1‑4 h)*: bearish bias until *63,494* holds; watch for reversal candlesticks near support.
- *Mid‑term (1‑day)*: market hinges on Fed sentiment & macro news; MA(20) at *63,659.4* acts as dynamic support/resistance.
💡 *Pro Tip*
Set a tight stop‑loss just below *62,847* for long positions, or use a scalp entry on a confirmed bounce off *63,494* with a target‑to‑risk ratio of at least 1:2. Keep an eye on volume spikes to confirm breakouts.