BTC/USDT 4H Chart Analysis – Market Update
🔹 Current Price: $86,524
🔹 24H High: $88,781 | 24H Low: $86,330
🔹 EMA 7: $86,811 | EMA 25: $85,831 | EMA 99: $85,152
📉 Market Trend Overview:
BTC attempted to break above $88K but failed, leading to a slight pullback. The EMA 7 and EMA 25 are close, indicating short-term uncertainty in price direction.
📊 RSI & MACD Indicators:
🔸 RSI (6): 47.85 (Neutral Zone) – Neither overbought nor oversold.
🔸 MACD Analysis: DIF (763.24) & DEA (728.21) are positive, while MACD (35.03) suggests weak but positive momentum.
📌 Key Support & Resistance Levels:
✅ Support Zones: $81,650 - $76,570
❌ Resistance Zones: $88,225 - $94,800
🎯 Entry & Exit Strategy:
📍 Entry Point (Long): If BTC reclaims $88,200 with strong volume, targeting $92K - $94K.
📍 Entry Point (Short): If BTC falls below $86K, expect a drop towards $82K - $81K.
📍 Closing Strategy:
🔺 Long Positions: Secure profits near $94K and adjust stop-loss accordingly.
🔻 Short Positions: Cover near $82K with a stop-loss at $88.5K.
⏳ Short-term sideways movement expected, but breakout preparations are essential! 🚀