$BTC Based on the 1-hour BTC/USDT chart, here's a brief analysis:

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📈 Current Price:

$102,379.80

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📊 Technical Indicators:

MA(7): $102,576.94

MA(25): $102,854.21

MA(99): $104,039.08

The price is below all key moving averages, which indicates short-term bearish pressure.

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📉 Support and Resistance:

Support (Recent Low): $100,837.90

Resistance (Recent High): $103,982.64

Volume Spike Zone: Around $101,000–$101,500 (buying interest)

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🧭 Suggested Trade Setup:

✅ Entry (Short):

$102,400–$102,500 (Current level, slightly below MA7 and MA25)

❌ Stop Loss (Above key resistance):

$103,600 (Just below the last swing high and under MA99)

🎯 Take Profit (Near recent support):

TP1: $101,000 (safe, conservative)

TP2: $100,850 (aggressive, near previous wick low)

> Risk-Reward Ratio (~1:2 or better):

Risk: $1,200

Reward: $1,400–$1,550

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⚠️ Notes:

If BTC breaks above $103,600, re-evaluate for a long position.

A bounce from $100,800–$101,000 could form a local bottom.