📉 $BTC Trading Setup – March 29, 2025 📈
🔥 Current Market Overview:
• Price: $82,973.79 (-2.28%)
• 24h Low: $82,820.85 (near support)
• MA7: $83,559.01 (short-term resistance)
• MA25: $84,056.34 (key resistance)
• MA50: $85,347.95 (major resistance)
• MA200: $85,823.35 (long-term trend)
• RSI (6): 21.74 (oversold zone)
• MACD: Strong bearish momentum
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🟥 Short Setup (Primary Bias – Downtrend Continuation)
📌 Entry: $83,500-$83,800 (if price retests MA7/MA25 and rejects)
🔹 Stop-Loss: $84,100 (above MA25)
🎯 Take-Profit: $82,500
📉 Trailing Stop: 1.5% downward from local high
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🟩 Long Setup (Oversold Bounce)
📌 Entry: $82,500-$82,700 (if price holds support and RSI rebounds)
🔹 Stop-Loss: $82,300 (below recent low)
🎯 Take-Profit: $83,500-$83,800
📈 Trailing Stop: 2% upward from entry price
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🔴 Primary Strategy: Short from $83,500-$83,800 with a 1.5% trailing stop.
🟢 Alternative: Long from $82,500 with a 2% trailing stop for a short-term bounce.
📊 Trade wisely and manage your risk! 🚀 #BTC #Crypto #Trading