BTC/USDT 1H Chart Analysis

Based on your 1-hour BTC/USDT chart, here is my technical view:

Trend: The short-term trend is slightly bearish. The price was rejected around 65,025 and has started moving lower.

MACD: The MACD is in negative territory, indicating weakening bullish momentum.

Support: The key support zone is around 64,500–64,400. If this level breaks, the price could decline toward 64,200 and then 63,900.

Resistance: The first major resistance is 64,800–65,000. A strong 1-hour candle close above this zone could signal a bullish move.

Trade Idea (Based on the chart only):

Buy: Consider buying if a strong 1-hour candle closes above 65,000.

Sell: Consider selling if a 1-hour candle closes below 64,500.

Always use a stop-loss and avoid entering trades without confirmation.$BTC

BTC
BTC
64,508.11
+0.01%

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