📉 #BTCUSDT : Short-Term Bearish Pressure, But Bullish Reversal Likely! Trade Setup Inside 🔥

🔍 Key Insights

1. Bearish Short-Term:

- STOCHRSI (86.3) → Overbought!

- OBV (-25,309) → Selling pressure building.

- Negative Funding Rate (-0.03%) → Futures sentiment bearish.

- Basis (-33.18) → Spot > Futures = Weakness.

2. Bullish Hope:

- MACD (221.8) → Bullish momentum brewing.

- RSI (53.6) → Neutral, room to climb.

- Bollinger Bands → Price hugging MID-band (104,641), a bounce here = 🚀.

- Long Positions Dominating (69.9% of total positions)!

### 🎯 Trade Strategy

- Entry (Long): $104,150 - $104,600 (MID Bollinger Band + Support Zone).

- Exit (TP): $105,940 (Upper Bollinger Band) → Partial exit here.

Final TP: $106,500 (24h High Breakout).

- Stop Loss: $103,650 (Below 24h Low).

- Entry (Short): Only if price rejects $105,900 (Upper Bollinger Band).

TP: $104,150, SL: $106,100.

### ✅ Surety Rate:

- 75% Confidence in LONG setup → MACD + RSI support upside!

- Short-term pullback likely, but bulls will regain control.

### ⚠️ Risk Note:

Watch USDC liquidity flows & Bitcoin ETF news. Volatility expected!

#BTC #CryptoTrader #BinanceTrading #BullishReversal

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