🔥 BTC/USDT EUROPEAN SESSION STRATEGY (1H TIMEFRAME) 🔥

💵 Current price: $80,490.71

📉 Trend: The bears continue to apply pressure. After a brief recovery toward $81,000, the price was rejected and turned lower, breaking below the two short-term dynamic support lines, MA(7) and MA(25). However, the MACD indicator's Histogram remains slightly green, suggesting selling pressure is not yet overly aggressive and the price is moving sideways, consolidating and forming a base near the lower boundary.

🔴 SHORT SCENARIO — PRIORITIZE THE DOMINANT TREND:

• Entry: $80.600 - $80.720 (Retest zone for the dynamic resistance at MA25 and MA7)

• Take Profit: $79.800 - Further down at the previous low of $79.220

• Stop Loss: Above $81.100

🟢 LONG SCENARIO — LOOK FOR A DEFENSIVE BOUNCE AT THE BOTTOM:

• Entry: $79.220 - $79.600 (Look to scale into buys around the previous low, near the psychological support level at $79.000)

• Take Profit: Back to the $80.500 - $81.000 range

• Stop Loss: Below $78.800

⚠️ Note: The European session is maintaining quite uncomfortable pressure against resistance. Absolutely do not chase a Long at the current price while the 1H candle has yet to reclaim MA7 (\$80.710). Keep your position size small and patiently wait for the price to react at either end of the Entry range to get the best possible position!

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