📊BTCUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 78285.05
• Support: 75690.2
• Resistance: 81188
• Current Price: 80315
📈Strategy:
Price is trading in the premium zone above the 20 SMA, indicating short-term bullish momentum but also a favorable area for shorts near resistance. The 4H swing high at 81188 acts as immediate resistance; a rejection here could lead to a retest of support. With a calculated short entry at 80315, stop loss at 77905.55, and take profit at 83929.175, the risk/reward stands at 1:1.5. Manage risk accordingly.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 78285.05
• Support: 75690.2
• Resistance: 81188
• Current Price: 80315
📈Strategy:
Price is trading in the premium zone above the 20 SMA, indicating short-term bullish momentum but also a favorable area for shorts near resistance. The 4H swing high at 81188 acts as immediate resistance; a rejection here could lead to a retest of support. With a calculated short entry at 80315, stop loss at 77905.55, and take profit at 83929.175, the risk/reward stands at 1:1.5. Manage risk accordingly.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇