đBTCUSDT 4H Market Update
âą Trend: Bullish
âą SMA (20): 68954.71
âą Support: 63979.2
âą Resistance: 79555.5
âą Current Price: 77414.2
đStrategy:
Price is trading above the 20 SMA in a bullish structure, but currently in the premium zone near resistance at 79555.5. This creates a conflict: the trend favors longs, but the zone is historically favorable for shorts. The calculated setup shows a long entry with a 1:1.5 R/R, targeting a breakout above resistance. However, traders should watch for a rejection at 79555.5 for a potential short. Patience is keyâwait for confirmation before entering.
đ Don't forget to follow for more updates! & Your Future Eye
â ïž Not financial advice - always DYOR.
Click Here To Trade đ
âą Trend: Bullish
âą SMA (20): 68954.71
âą Support: 63979.2
âą Resistance: 79555.5
âą Current Price: 77414.2
đStrategy:
Price is trading above the 20 SMA in a bullish structure, but currently in the premium zone near resistance at 79555.5. This creates a conflict: the trend favors longs, but the zone is historically favorable for shorts. The calculated setup shows a long entry with a 1:1.5 R/R, targeting a breakout above resistance. However, traders should watch for a rejection at 79555.5 for a potential short. Patience is keyâwait for confirmation before entering.
đ Don't forget to follow for more updates! & Your Future Eye
â ïž Not financial advice - always DYOR.
Click Here To Trade đ