๐ letโs break down $BTC BTCUSDT (4H) with a safe setup.
๐ Market Structure (4H)
Price: 65,876
Strong drop from 90k โ 59.8k
Now weak sideways consolidation below EMAs
EMA 7 < EMA 25 < EMA 99 โ Clear bearish trend
Price below EMA25 & far below EMA99 (~70.8k)
W%R -94 โ Deep oversold (bounce possible but trend still down)
๐ Overall bias = Bearish until 67.5k+ reclaimed.
๐ SAFE SHORT SETUP (Trend Following โ High Probability) $BTC
๐ด Entry Zone:
66,800 โ 67,500 (EMA25 rejection area)
๐ Stop Loss:
68,500
๐ฏ Targets:
TP1: 64,800
TP2: 62,500
TP3: 59,800 (major support retest)
โ Best entry = wait for 4H bearish rejection candle near EMA25.
๐ SAFE LONG SETUP (Only If Support Holds)
Long only if 64,500โ65,000 shows strong bullish reversal + volume spike.
๐ข Entry:
65,000 โ 65,300 after confirmation
๐ Stop:
63,800
๐ฏ Targets:
TP1: 67,500
TP2: 69,800
โ Counter-trend trade โ use smaller size.
๐ฅ Important Levels
Major Resistance: 67.5k โ 70k
Major Support: 64.5k
Breakdown below 64k โ 62k & possibly 60k next.
โ Safest Plan Right Now
No trade in middle (65.8k area = risky).
Wait for:
Pullback to 67k โ short
OR
Breakdown below 64.5k โ short continuation
@Binance Academy #StrategyBTCPurchase
