May 18, 2025

BTCUSDT SHORT Analysis | 1-Hour Timeframe

🔍 Current Conditions:

• Last Price: $104,304

• 24-Hour High: $104,520

• 24-Hour Low: $102,591

• Daily Change: +1.53%

• 24h Volume (USDT): $7.14B

• RSI(6): 69.3 → Approaching overbought

• EMA(7): $103,339

• EMA(25): $98,870

• EMA(99): $92,281

📊 Technical Signals:

• BTC sharply rose from the $74,457 area and began to form consolidation after hitting the local resistance at $105,863.

• Current price is sideways below that resistance → strong rejection potential from that area.

• High RSI (69+) indicates overbought → potential for a short-term correction.

• Volume is decreasing despite the price rising → indicates potential weakening of buyers.

🧠 Short Strategy:

• SHORT Entry: $105,400 – $105,800 (rejection & 1H resistance area)

• Stop Loss: $106,300 (above the previous 1H resistance shadow)

• Take Profit:

• TP1: $103,300 (EMA7)

• TP2: $100,500 (nearest support)

• TP3: $98,800 (EMA25 and breakout zone)

Suitable for scalpers and disciplined intraday traders using SL. Don't forget to measure risk & position size with proper management.

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📌 Note: This is not financial advice. Always DYOR before entering a position.

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