#BTCvsMarkets
đ¨ BTC/USDT â Oversold & Watching for a Bounce! đ
đ˛ Current Price: $92,865.11 (-0.36%)
đ Date: April 25, 2025
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đ Key Observations
â Bearish Momentum with Oversold Signals
Price below all major EMAs: EMA(7): $93,266.60, EMA(25): $93,472.48, EMA(99): $93,210.76
MACD Bearish: DIF (-63.72) < DEA (56.58), MACD = -120.31
RSI(6): 19.15 â deeply oversold
StochRSI: 0.00, Williams %R(14): -99.75 â max oversold territory
Volume: Low during recent drop, suggests potential for reversal
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đ Trade Scenarios
đ˘ Scenario 1: Reversal Play (Oversold Bounce)
⢠Entry: $92,200 â $92,800 (current support zone)
⢠TP1: $93,600 (EMA99)
⢠TP2: $94,444 (24h high)
⢠đ SL: Below $91,660 (24h low)
đ´ Scenario 2: Bear Continuation
⢠Entry: Breakdown below $91,660 (24h low)
⢠TP1: $90,500
⢠TP2: $89,000
⢠đ SL: Above $93,000 (EMA cluster zone)
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â ď¸ Risk Management
⢠Position Size: â¤2% of capital
⢠Stop-Loss: Use tight stops below/above critical levels
⢠Confirmation Needed:
For bounce: Bullish candle + volume pickup
For drop: Strong candle close below $91,660
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đ Notes
⢠All indicators in deep oversold territory, suggesting rebound potential
⢠MACD still bearishâwatch for crossover
⢠Price rejection at EMA clusters could lead to fakeouts
Click Trade Now if setup aligns with your plan!
Not financial advice. DYOR & manage risk properly