📊BTCUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 66272.06
• Support: 63255
• Resistance: 72487.5
• Current Price: 71930.1
📈Strategy:
Price is trading in the premium zone near the 4H resistance at 72487.5, indicating a favorable short setup. The bullish bias remains intact above the 20 SMA, but rejection from the resistance could trigger a liquidity grab. A break above 72487.5 would confirm continuation, while a failure to hold above 70450 (4H swing high) may lead to a retest of support. Manage risk with a stop loss at 69772.197 and target 75166.9545 for a 1:1.5 R:R.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bullish
• SMA (20): 66272.06
• Support: 63255
• Resistance: 72487.5
• Current Price: 71930.1
📈Strategy:
Price is trading in the premium zone near the 4H resistance at 72487.5, indicating a favorable short setup. The bullish bias remains intact above the 20 SMA, but rejection from the resistance could trigger a liquidity grab. A break above 72487.5 would confirm continuation, while a failure to hold above 70450 (4H swing high) may lead to a retest of support. Manage risk with a stop loss at 69772.197 and target 75166.9545 for a 1:1.5 R:R.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇