⚠️ $BTC /USDT – 5Min Chart Signal (Next 2 Hrs)
🕒 Time: 7:04 AM IST
💰 Latest Price: $118,183.7
🔍 Market Snapshot:
• Strong rally pre-06:30, but now seeing red Heikin Ashi candles — possible short-term cooldown or reversal.
• MACD weakening, lines flattening, histogram turning red = early bearish signal
• Order Book:
📉 Shorts: 91.99%
📈 Longs: 8.01%
→ Heavy short bias = possible short squeeze, but shows majority expecting downside
📈 Key Levels:
• Resistance: 118,750 (24H high)
• Support: 117,800
🛑 Trade Recommendation: SHORT (Scalp/Intraday)
🎯 Entry Zone: 118,200 – 118,250
🎯 Targets: 117,800 → 117,650
🔒 Stop-Loss: Above 118,600
📉 Reasoning:
• Bearish candle pattern post-rally
• MACD signals losing momentum
• Price unable to hold above 118,400
• Order book heavily skewed to shorts near top = caution, but short-term retrace likely
📘 Need confirmation on 15m or 1h chart? Let me know for broader trend insight.
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