#BTC
Based on your 4H BTC/USDT chart from Binance, here’s a quick 4H analysis with potential entry, stop-loss (SL), and take-profit (TP) levels:
---
BTCUSDT 4H Analysis – May 16, 2025
Current Price: $103,634
Trend: Sideways to slightly bullish
MA(21): $103,417 (Price is trading just above it – a sign of short-term support)
---
Key Technical Levels
Resistance Zone: $104,500 – $105,800
Support Zone: $101,200 – $100,600
Range Low: $100,678
Range High: $105,863
---
Trade Setup (Short-Term Swing)
Bullish Bias (if price holds above MA21)
Entry: $103,400 – $103,700 (near current price)
Stop-Loss (SL): $101,800 (below recent lows and support)
Take-Profit (TP):
TP1: $104,500 (resistance zone top)
TP2: $105,800 (recent swing high)
TP3 (Extended): $106,500+
---
Bearish Bias (if price closes below $102,500 4H candle)
Entry: $102,300
SL: $103,800
TP1: $101,200
TP2: $100,600
TP3: $99,800