📊BTCUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 80901.78
• Support: 77188
• Resistance: 84578.9
• Current Price: 84418.9
📈Strategy:
Price is currently trading in a premium zone, right at the 4H resistance of 84578.9, which aligns with the upper range. The bullish bias remains intact as long as price holds above the 20 SMA at 80901.78. However, with price in a premium area, short-term traders may look for a bearish reaction near this resistance. A break above 84578.9 could open the door for further upside, while a rejection may lead to a pullback towards the 4H swing low at 80095.9.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 80901.78
• Support: 77188
• Resistance: 84578.9
• Current Price: 84418.9
📈Strategy:
Price is currently trading in a premium zone, right at the 4H resistance of 84578.9, which aligns with the upper range. The bullish bias remains intact as long as price holds above the 20 SMA at 80901.78. However, with price in a premium area, short-term traders may look for a bearish reaction near this resistance. A break above 84578.9 could open the door for further upside, while a rejection may lead to a pullback towards the 4H swing low at 80095.9.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇