Based on your 4H BTC/USDT Binance chart, here's a brief technical analysis with entry, take profit (TP), and stop loss (SL) suggestions:
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🔍 Chart Summary:
Current Price: ~$101,620
Recent Low: $98,200
24H High: ~$102,946
MA Levels:
MA(7): ~$100,960
MA(25): ~$103,099
MA(99): ~$105,568
RSI (6): ~50.84 → Neutral zone
Bounce observed from strong support at $98,200
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✅ Potential Long Entry Setup:
Entry Point: Around $100,800 – $101,200 (mild pullback zone near MA(7))
Stop Loss (SL): $97,800 (just below the last wick low of $98,200)
Take Profit (TP):
TP1: $103,000 (near MA(25), previous resistance)
TP2: $105,500 (near MA(99), strong resistance)
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⚠️ Risk/Reward Insight:
Risk: ~$3,000
Reward: Up to ~$4,700
Risk/Reward Ratio: ~1.5:1 — Acceptable for swing trades.
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🧠 Extra Notes:
Watch for candle confirmation near entry zone (avoid entering on red candles).
Volume shows increasing buying interest — a good sign if it continues.
If RSI climbs above 60, trend continuation is likely.
