🚨 $BTC /USDT Short-Term Alert – Critical Levels to Watch!
Current Price: $93,667.65 (+5.97%) | 24H Range: $88,394.69 - $94,521.79
Volume (24H): 45,837.14 BTC ($4.21B USDT) | Liquidity Zones:Order Book Bias (92.04% Bids vs. 7.96% Asks)
--📊 Key Technical Insights:
1. Pullback Context:
- BTC tested $94,521.79 (24H High) but faced minor rejection.
- Current Support: $92,500 (Must hold for bullish continuation).
- Stronger Support: $89,000 (Break below = deeper correction).
2. Indicators Snapshot:
- MACD: Momentum slightly bullish but watch for divergence.
- Volume: High trading activity suggests strong interest near ATH.
- MA/EMA: Price above key moving averages (bullish bias).
3. Order Book Clue:
- *92.04% Bids indicate heavy buy-side liquidity, supporting the uptrend.
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🎯 Trade Setup:
- Bullish Scenario:
- Hold above $92,500 → Target $94,500 (Retest High) → $96,000 (New ATH).
- Break & close above $94,521.79** → Confirms rally extension.
- Bearish Scenario:
- Close below $92,500 → Short opportunity toward $89,000 (Next support).
- Stop-Loss: Tight SL at $93,000 for aggressive shorts.
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⚡ Action Plan:
- Aggressive Traders: Scalp longs near $92,500-93,000 (SL: $91,800).
- Conservative Traders: Wait for confirmation:
- Break above $94,521.79 = Go long.
- Break below $92,500 = Consider shorts.
📌 Critical Notes:
- Risk Warning: BTC is volatile post-ATH—avoid overleveraging.
- Image Data Confirms: Bulls dominate order books, but profit-taking is possible near highs.
Stay sharp and trade smart!🔥
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- Price rejected at $94,594.48 (4H resistance).
- 93,068.17 = Minor support (tested at 2025-04-23 12:15 UTC).
- MACD/Volume Alignment: No bearish divergence yet.