# daytrading

2.61K
📊BTCUSDT (4H) Trade Analysis📊
Current price is around 66,176 and the market is showing short-term bearish momentum. The price is trading below the MA5 and MA10 moving averages, indicating selling pressure. MACD is negative, which confirms the bearish momentum, while RSI is in the oversold zone (around 21–31), suggesting a possible bounce soon.
Buy (Long) Setup: Entry Zone: 65,200 – 64,800 Take Profit: 67,200 and 68,200 Stop Loss: 63,900
Reason: This area is a strong support zone and the oversold RSI increases the chance of a short-term bounce.
Sell (Short) Setup: Entry Zone: 67,000 – 67,400
post-image
post-image
  • Reward
  • Comment
  • Repost
  • Share
Load More