[HEADLINE: BTC Holds Above EMA55 – Bulls Eye 78K Push? Aug 24 AM] 🚀
BTC/USDT
Current Price: 77421
Quick Take:
Bullish bias – price is holding above the 1H EMA55 with momentum building, but watch for maker short pressure. ✅
Why:
• Price sits above 1H EMA55 (76901), confirming bullish structure on the hourly.
• RSI at 53 shows room to run, MACD histogram positive – no exhaustion yet.
• News: Wintermute adding shorts, Hyperliquid short exposure at $191M – this could cap upside and spike volatility. ⚠️
Today's Trade Setup:
- Direction: LONG (scalp) / RANGE if 77K fails
- Entry Zone: 77,200 – 77,500 (buy dips into bid/ask liquidity)
- Stop Loss: 76,700 (below EMA55 – invalidation)
- Take Profit: 78,200 (first target), 78,800 (runner)
Risk Note:
Short positioning is heavy – any break below 76,900 flips the flow risk-off fast. Keep size small and respect the stop. 📉
BTC #BinanceSquare #QVXStrategy
For full strategy details, visit QilanX: qilanx.com
BTC/USDT
Current Price: 77421
Quick Take:
Bullish bias – price is holding above the 1H EMA55 with momentum building, but watch for maker short pressure. ✅
Why:
• Price sits above 1H EMA55 (76901), confirming bullish structure on the hourly.
• RSI at 53 shows room to run, MACD histogram positive – no exhaustion yet.
• News: Wintermute adding shorts, Hyperliquid short exposure at $191M – this could cap upside and spike volatility. ⚠️
Today's Trade Setup:
- Direction: LONG (scalp) / RANGE if 77K fails
- Entry Zone: 77,200 – 77,500 (buy dips into bid/ask liquidity)
- Stop Loss: 76,700 (below EMA55 – invalidation)
- Take Profit: 78,200 (first target), 78,800 (runner)
Risk Note:
Short positioning is heavy – any break below 76,900 flips the flow risk-off fast. Keep size small and respect the stop. 📉
BTC #BinanceSquare #QVXStrategy
For full strategy details, visit QilanX: qilanx.com