🔥 BTC/USDT ASIAN SESSION STRATEGY (1H CHART) 🔥
💵 Current price: $82,027.74
📉 Trend: Consolidating around dynamic support. After a sharp decline in the previous session, the price is trying to stabilize and consolidate back above the MA(99) and MA(7) lines. However, the MA(25) resistance just above is still exerting downward pressure, and the MACD line remains below zero, indicating that the bears still have the upper hand.
🟢 LONG SCENARIO — RIDING THE CONSOLIDATION BOUNCE:
• Entry: $81,700–$81,900 (Coincides with the MA(99) dynamic support zone and the low of the most recent consolidation candle)
• Take Profit: $82,350 (MA(25) resistance) — further target: $83,150
• Stop Loss: Below $81,400
💵 Current price: $82,027.74
📉 Trend: Consolidating around dynamic support. After a sharp decline in the previous session, the price is trying to stabilize and consolidate back above the MA(99) and MA(7) lines. However, the MA(25) resistance just above is still exerting downward pressure, and the MACD line remains below zero, indicating that the bears still have the upper hand.
🟢 LONG SCENARIO — RIDING THE CONSOLIDATION BOUNCE:
• Entry: $81,700–$81,900 (Coincides with the MA(99) dynamic support zone and the low of the most recent consolidation candle)
• Take Profit: $82,350 (MA(25) resistance) — further target: $83,150
• Stop Loss: Below $81,400