โ Binance๐ BTC Price Action Alert | Overbought or Ready to Fly?
๐จ BTC/USDT Trade Setup Alert โ July 2, 2025 ๐จ
Bitcoin has shown a strong recovery bounce from the $105,000 support zone and is now trading above $108,000. However, RSI is currently overbought on the 1-hour chart, suggesting a possible short-term pullback before any further upside.
๐ Scalp Short Trade Idea
โข Entry: $108,200 โ $108,500
โข Stop Loss: $109,200
โข Target 1: $107,200
โข Target 2: $106,500
โข Reason: RSI Overbought + Upper Bollinger Band + Resistance Rejection
๐ Swing Long Setup (Buy the Dip)
โข Entry: $106,000 โ $106,300
โข Stop Loss: $105,300
โข Target 1: $108,500
โข Target 2: $109,700
โข Reason: Trend Reversal Confirmed + EMA Crossover + Strong Bullish Momentum
โ ๏ธ Note: Always use proper risk management and stop-loss in volatile markets.
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