Technical Analysis for the #BTC/USDT Pair (4-Hour Interval):

Recently, we witnessed a corrective movement after a strong rise in Bitcoin, where the price reached a peak of 111,980 USDT before currently retracing to a level of 107,997 USDT.

Technical Data:

• The price broke down through the EMA 7 and EMA 25 averages, indicating weakness in the bullish momentum.

• The RSI(6) indicates proximity to entering the oversold zone (39.62), which may suggest an impending rebound.

• Strong support currently lies at EMA 99 = 104,374 USDT.

Proposed Trade (Short-Term Speculation):

Buy option at support:

• Entry: 105,000 - 104,800 USDT

• First Target: 108,500

• Second Target: 111,000

• Stop Loss: Break below 103,800 on a 4-hour candle

Or sell option (Short) upon failure to break:

• Entry: 108,800 USDT

• Target: 105,000

• Stop Loss: 110,000

Note: It is advisable to monitor price movement, especially at the aforementioned support levels, to confirm signals before entering.#اكتب_واربح $BTC #CryptoSignals

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