BTC/USDT ā Smart Money Concept & Technical Breakdown
Golden Lion Trading - Official
Price Action Summary:
BTC has printed a strong bullish daily candle breaking above multiple EMA resistance zones. Weāre currently trading around $93,200, up by 6.30%, with a daily high of $93,909.05 and a low of $87,675.06.
This move is backed by significant volume and EMAs confirming momentum shift.
Technical Analysis (1D Chart):
Bullish Breakout above EMA(7), EMA(25), and EMA(99)
MACD Histogram turning bullish
Stochastic RSI is in the overbought zone ā a minor retracement may occur
Strong Volume confirms momentum
Resistance Zones: $94,800 / $98,900
Support Zones: $87,600 / $85,400
Smart Money Concept (SMC) View:
Liquidity Grab: The previous low at $74,508 swept stop-losses of early long traders ā classic liquidity hunt
Market Structure Shift: First HH (Higher High) confirmed after multiple HLs (Higher Lows)
Order Block: Strong demand zone formed between $82,000 - $85,000, ideal entry if price retests
Possible Scenario Ahead:
If $94.8k is broken with volume, BTC could target $98k to $109k next
Retest of $87.6k - $85.4k zone would offer high-probability long entries
Short-term pullback is likely, but trend remains bullish
Golden Lion Trading Signal:
Bias: Bullish
Entry Zones (Buy): $88,000 - $85,000
TP1: $94,800
TP2: $98,900
SL: $82,000
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