Here’s your intraday technical analysis and trading signal for BTC/USDT based on the 4-hour chart:

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📉 $BTC /USDT 4H Technical Analysis — Oversold & Testing Key Support

🔍 Current Market Overview:

Price: $104,586.69

24h Change: -2.82%

24h Range: $108,450 – $102,664

EMA Breakdown: Price is below EMA(7), EMA(25), and EMA(99) – strong bearish structure.

MACD: Strong bearish crossover (MACD: -606.33, DIF: -587.10)

RSI(6): 22.00 — deeply oversold territory

Volume: Spiking on red candles → panic sell-off, but potential for short-term bounce

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🔐 Key Levels:

Type Price Details

Support $102,664 24h low

Support $100,372 Major support zone

Resistance $106,000–$106,500 EMA(25) + intraday ceiling

Resistance $108,450 Recent high before breakdown

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⚡ Intraday Trading Signal

> Strategy: Oversold bounce from key support

📥 Entry Point: $103,800 – $104,200

📉 Stop-Loss: $102,300 (below recent support)

🎯 Take-Profit Targets:

TP1: $106,000 – near EMA(25)

TP2: $107,800 – previous resistance area

TP3 (Aggressive): $109,000

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⚠️ Notes:

If BTC fails to reclaim EMA(7) at $105,661, expect selling to accelerate.

Watch volume at support zones for confirmation of bounce.