$BTC
BTC Bearish Momentum Analysis (1H Chart - Binance)
🔍 Trend Summary:
BTC/USDT is showing a bearish structure on the 1-hour chart.
Price is trading below the EMA(99) at 105,925, a key resistance.
Failed to break above 106,128 (24H High), and now sliding under EMA(25) and EMA(7).
Lower highs and lower lows from 110,400 → 102,664 show clear downtrend pressure.
Volume is not showing bullish conviction on bounces, indicating weak buying interest.
---
🧨 Bearish Strategy:
🔽 Entry (Short Setup):
Short Entry Zone: $105,400 – $105,900
(Near EMA(99) rejection area)
💰 Profit Booking Levels:
Target 1: $104,300 (24H low support)
Target 2: $102,700 (next visible demand/support)
🔒 Stop-Loss:
SL: $106,300
(Above 24H high and EMA(99) breakout confirmation)
---
✅ Summary for Short:
Short BTC around: $105,600
TP1: $104,300
TP2: $102,700
SL: $106,300