🔥 BTC/USDT ASIAN SESSION STRATEGY (1H TIMEFRAME) 🔥
💵 Current price: $81,343.01
📉 Trend: The bears continue to dominate. The price is well below all 3 major moving averages: MA(7), MA(25), and MA(99). However, the downward momentum appears to be temporarily slowing, forming a short-term consolidation base just above the previous 24-hour low, as the MACD indicator’s red histogram begins to contract.
🔴 SHORT SCENARIO — WITH THE PREVAILING TREND:
• Entry: $81,360–$81,800 (Dynamic resistance zone between MA7 and MA25)
• Take Profit: $80,939 (24-hour low) — further target at $80,400
• Stop Loss: Above $82,200
💵 Current price: $81,343.01
📉 Trend: The bears continue to dominate. The price is well below all 3 major moving averages: MA(7), MA(25), and MA(99). However, the downward momentum appears to be temporarily slowing, forming a short-term consolidation base just above the previous 24-hour low, as the MACD indicator’s red histogram begins to contract.
🔴 SHORT SCENARIO — WITH THE PREVAILING TREND:
• Entry: $81,360–$81,800 (Dynamic resistance zone between MA7 and MA25)
• Take Profit: $80,939 (24-hour low) — further target at $80,400
• Stop Loss: Above $82,200