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$BTC USDT Market Update
Trade Type: Intraday LONG (Relief Bounce Setup)
Current Price: 66,332
24H Change: -1.23%
Entry Zone: 66,200 – 66,350
Immediate Resistance: 66,650
Major Resistance: 67,000 – 67,300
Targets:
TP1: 66,650
TP2: 67,000
TP3: 67,300
Stop Loss: 65,550
Market Structure:
Price bounced strongly from 65,595 support.
Short-term MA(7) reclaiming momentum.
Recovery volume increasing after sell-off.
Still below MA(25) & MA(99) → Overall trend cautious/bearish.
Bullish Scenario:
Sustained move above 66,650 opens path toward 67,000 – 67,300 zone.
Break and hold above 67,300 could shift short-term bias bullish.
Bearish Scenario:
Failure to hold above 66,000 may retest 65,600 support.
Break below 65,550 can extend toward 65,000 zone.
Market View:
Current move looks like relief bounce after sharp drop.
Intraday long possible, but overall trend still weak.
Quick profit booking recommended near resistance.
👉 Trade with proper risk management.
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