🔥 BTC/USDT STRATEGY FOR THE U.S. SESSION (4H TIMEFRAME) 🔥
💵 Current price: $65,526.02
📉 Trend: Technical recovery after a sweep of the lows. On the 4H timeframe, after a deep pullback to the $62,006.00 low, the bulls pushed the price slightly above the MA(7) at $65,047.89. However, the overall structure remains weighed down below the major resistance bands: MA(25) at $69,094.60 and MA(99) at $74,763.06. The MACD indicator is showing a significant contraction in the red histogram (MACD at -93.00), signaling that selling pressure is temporarily easing as the market enters a consolidating recovery phase.
$BTC
💵 Current price: $65,526.02
📉 Trend: Technical recovery after a sweep of the lows. On the 4H timeframe, after a deep pullback to the $62,006.00 low, the bulls pushed the price slightly above the MA(7) at $65,047.89. However, the overall structure remains weighed down below the major resistance bands: MA(25) at $69,094.60 and MA(99) at $74,763.06. The MACD indicator is showing a significant contraction in the red histogram (MACD at -93.00), signaling that selling pressure is temporarily easing as the market enters a consolidating recovery phase.
$BTC