$BTC/USDT Analysis (4H)

🔍 Chart Summary:

Price: $115,158.56

24h Change: +0.91%

24h High / Low: 115,720 / 114,066

Indicators Used: EMA(9), EMA(21), EMA(99), MA(5/10), RSI(6), MACD

📊 Technical Indicators:

1. EMA Analysis:

EMA(9): 114,509.50

EMA(21): 114,621.47

EMA(99): 116,125.44

✔ Price is above 9/21 EMAs, but still below EMA(99).

⚠ Short-term bullish, but facing resistance near 116K.

2. MACD:

MACD Histogram turning green with rising momentum.

✔ Bullish crossover in progress.

3. RSI (6):

RSI = 73.81

⚠ Approaching overbought zone — may face selling pressure near resistance.

4. Volume:

Volume remains decent but not significantly strong. Less conviction than ETH.

📌 Support & Resistance:

Immediate Resistance: 116,125 (EMA99) and 116,726

Support Zone: 114,509 – 114,000

Next Support: 113,259 → 111,920 (swing low)

🧾 Trade Setup for BTC/USDT:

🟢 Bullish Scenario (Breakout):

Entry: Breakout above 116,200 with volume

SL: Below 115,000

TP1: 118,460

TP2: 119,800

✅ Safer Entry (Pullback Entry):

Entry: Pullback near 114,800 – 115,000

SL: Below 114,000

TP1: 116,200

TP2: 118,400

🔴 Bearish Scenario (Rejection):

Short Entry: Rejection at EMA(99)/116,200

SL: Above 116,700

TP1: 114,600

TP2: 113,259

TP3: 111,920