Based on the 4-hour BTC/USDT
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📊 BTC/USDT – 4H Technical Analysis
Price: $103,301
24H High/Low: $106,524 / $102,345
Indicators Overview:
EMA Analysis:
EMA(7): $104,213 (above current price – short-term bearish)
EMA(25): $104,871
EMA(99): $105,318
Price is below all EMAs → short-term bearish sentiment.
MACD: Bearish momentum continues (MACD: -85, DIF and DEA negative).
RSI (6): 31.26 – approaching oversold territory → potential bounce area.
Support Levels: $102,345 → $95,681
Resistance Levels: $105,000 → $107,400
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📉 Intraday Trading Signal – Short-Term Bearish Bias
✅ Entry (Short):
Sell below: $103,000 (if price breaks and holds under this level)
🛑 Stop Loss:
SL: $104,500 (above EMA cluster to limit upside risk)
🎯 Take Profit Targets:
TP1: $101,200 (recent minor support)
TP2: $99,800 (key psychological + previous support)
TP3: $95,700 (major support zone, only if bearish momentum strengthens)
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🔄 Alternative Bullish Setup (Reversal Play):
If BTC reclaims and holds above $104,800 with volume:
Buy Entry: $105,200
Stop Loss: $103,800
Target: $107,400 → $109,800
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⚠️ Summary:
Bias: Bearish below $104,000
RSI nearing oversold → watch for fakeouts or sharp bounces
Avoid high leverage and stick to strict risk management rules