📉 BTC — TIGHT RANGE TESTING LOCAL SUPPORT NEAR THE MA CLUSTER! 🔻
$BTC is trading lower at 81,336.8 (-0.24%, or roughly Rs22,516,466.34), moving within an active 24-hour range between a high of 82,268.7 and a low of 80,751.0. Price action on this 4-hour chart shows a tight consolidation phase following the recent sweep down to the 79,732.3 support floor, currently hovering just under the fast MA(7) (81,612.3) and MA(25) (81,708.9) lines while remaining pinned below the macro structural MA(99) (83,387.7) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 80,200.0–81,300.0 (on confirmed volume absorption and structural defense near local support floors)
🛑 STOP LOSS: 79,500.0
🎯 TP1: 83,500.0
🎯 TP2: 85,000.0
Are you watching for Bitcoin to hold this local support band and reclaim the MA(7)/MA(25) cluster for a push higher, or looking for further downside retests? Let's discuss below! 👇
👉 Trade: $BTC
#BTC #Bitcoin #cryptotrading #BinanceSquare #bearish
$BTC is trading lower at 81,336.8 (-0.24%, or roughly Rs22,516,466.34), moving within an active 24-hour range between a high of 82,268.7 and a low of 80,751.0. Price action on this 4-hour chart shows a tight consolidation phase following the recent sweep down to the 79,732.3 support floor, currently hovering just under the fast MA(7) (81,612.3) and MA(25) (81,708.9) lines while remaining pinned below the macro structural MA(99) (83,387.7) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 80,200.0–81,300.0 (on confirmed volume absorption and structural defense near local support floors)
🛑 STOP LOSS: 79,500.0
🎯 TP1: 83,500.0
🎯 TP2: 85,000.0
Are you watching for Bitcoin to hold this local support band and reclaim the MA(7)/MA(25) cluster for a push higher, or looking for further downside retests? Let's discuss below! 👇
👉 Trade: $BTC
#BTC #Bitcoin #cryptotrading #BinanceSquare #bearish