#MarketRebound 📊 BTCUSDT 4H Analysis (Smart Money POV)
Strong Resistance Zone: Price is currently reacting to a key supply area near $93,800 - $95,200, which aligns with a Premium pricing zone in the SMC framework.
Overbought Conditions: The RSI is above 70, indicating potential exhaustion in buying pressure — a reversal or retracement could be in play.
Smart Money Concepts Insight:
We've seen multiple Breaks of Structure (BOS) and a clear ChOCH confirming bullish intent from demand zones, but now price has tapped into a 4H Order Block (OB) in a premium zone.
There's also liquidity resting above equal highs, which may have just been swept.
After this liquidity grab, Smart Money might seek to rebalance by driving price back toward a discount zone or internal range equilibrium.
Price Action Structure:
Market has been following an upward channel but now hitting the upper boundary, suggesting possible distribution.
Watch for a shift in structure and any lower timeframe BOS or ChOCH for early confirmation of bearish movement.
🎯 Possible Targets:
If price rejects here, potential targets lie around:
88,888 (previous OB confluence)
86,698 (PDL + PWH)
Or even deeper toward 81,843 (4H OB + PWL)