BTC/USDT Analysis - Binance Platform | 1 Hour Candle

Current Price: 84,564 USDT

24 Hour Range:

High: 85,470

Low: 83,736

Change: +0.18%

● Technical Analysis

The price is below the short and medium-term moving averages (MA7 and MA25).

Trading volume is low, indicating a decline in buying momentum.

MACD is negative and shows continued selling pressure.

The market is moving in a narrow range between 84,400 and 84,800.

● Short-term Outlook for the Coming Hours

If support at 84,400 breaks: we will see a drop towards 83,700.

If resistance at 84,800 breaks consistently: there is a possibility of rising towards 85,300.

● Advice for Traders

No entry currently – wait for the signal:

Buy after breaking 84,800 with a one-hour candle + strong trading volume.

Target: 85,300

Stop Loss: 84,500

Sell after breaking 84,400 consistently.

Target: 83,700

Stop Loss: 84,650

● Alert:

The market is in a state of sharp fluctuations – any decision without confirmation could be a high risk.

Monitor the upcoming movements closely.

✍️: Ghaith