[HEADLINE: BTC Below EMA55 â Bearish Bias for Jul 25 AM? đš]
BTC/USDT
Current Price: 64070
Quick Take:
Bearish bias â price remains below 1H EMA55 with weak momentum, despite positive BNB news.
Why:
âą Price is 1.3% below EMA55 (64070 vs 64904) â clear resistance overhead.
âą RSI at 44.99 suggests selling pressure still dominant.
âą MACD hist positive but flattening â momentum fading.
âą News: BNB compliance boost lifts market sentiment indirectly, but BTC flow hasnât turned bid/ask supportive.
Today's Trade Setup:
- Direction: SHORT
- Entry Zone: 63900 â 64200 (aggressive), or wait for retest of 64500+ for safer entry.
- Stop Loss: 65100 (above EMA55 + pivot resistance).
- Take Profit: 63200 (first target), 62500 (second).
Risk Note:
â ïž Watch for liquidity spikes if BNB rally pulls BTC higher â position size accordingly. Risk-off if price reclaims 64900+.
BTC #BinanceSquare #QVXStrategy
For full strategy details, visit QilanX: qilanx.com
BTC/USDT
Current Price: 64070
Quick Take:
Bearish bias â price remains below 1H EMA55 with weak momentum, despite positive BNB news.
Why:
âą Price is 1.3% below EMA55 (64070 vs 64904) â clear resistance overhead.
âą RSI at 44.99 suggests selling pressure still dominant.
âą MACD hist positive but flattening â momentum fading.
âą News: BNB compliance boost lifts market sentiment indirectly, but BTC flow hasnât turned bid/ask supportive.
Today's Trade Setup:
- Direction: SHORT
- Entry Zone: 63900 â 64200 (aggressive), or wait for retest of 64500+ for safer entry.
- Stop Loss: 65100 (above EMA55 + pivot resistance).
- Take Profit: 63200 (first target), 62500 (second).
Risk Note:
â ïž Watch for liquidity spikes if BNB rally pulls BTC higher â position size accordingly. Risk-off if price reclaims 64900+.
BTC #BinanceSquare #QVXStrategy
For full strategy details, visit QilanX: qilanx.com