BTC/USDT Trade Signal - 30M Chart Analysis (15-Apr-2025)
Bitcoin is showing short-term bearish momentum on the 30-minute chart. Price has broken below key moving averages (MA 7, 25, and 99), signaling potential for further downside.
Current Price: $84,466
24h Range: $86,496 - $84,347
Short Entry: $84,700 - $84,500
Target: $84,000 / $83,600
Stop-Loss: $85,100
Reason: Consistent lower highs and a sharp drop below MA(99) show bears in control.
Long Entry (Reversal Play): $84,000 - $83,600
Target: $84,900 / $85,400
Stop-Loss: $83,200
Reason: Possible support at the 24h low with volume exhaustion visible.
Note: Monitor volume closely; a breakout from current consolidation could define the next major move.
Trade wisely—always use proper risk management.