📊 $BTC BTCUSDT Perp – Technical Setup
🟡 Market Overview:
$BTC has taken support near EMA(99) after a strong down move. The price is currently consolidating in the 89K zone.
📉 Trend Analysis:
EMA(7) < EMA(25) → Short-term trend bearish
EMA(99) (purple line) → Strong support zone
The price has shown a bounce attempt from EMA(99)
📊 Indicators:
RSI (6) ≈ 30 → Oversold zone 🔥 (relief bounce possible)
MACD is negative, but selling pressure is slowing down
🎯 Trade Idea (Short-term / Scalp):
Buy Zone: 88,500 – 89,000
Target: 91,500 – 92,000
Stop Loss: 87,800
🧠 Note:
The trend is still weak; this could just be a pullback / relief bounce. Proper risk management is essential.
BTC
87,688.97
+0.05%