Next move btcusd
Here’s a precise **buy/sell strategy** based on the provided **BTC/USDT chart** (current price: **$108,821.39**), including short analysis and actionable entries:
### **📉 Short-Term Analysis (Based on Chart Data)**
1. **Key Levels:**
- **Resistance:** **$109,968.95** (Recent high, 25-MA rejection)
- **Support:** **$107,458.90** (Local swing low)
- **Strong Support:** **$104,948.85** (99-MA & psychological level)
2. **Indicators:**
- **RSI(6): 48.65** (Neutral, slight bearish bias)
- **Moving Averages:**
- Price below **25-MA ($109,182.91)** → Bearish pressure.
- **99-MA ($105,063.53)** as major support.
### **🎯 Trade Plan**
#### **1️⃣ SELL (Short) Setup**
- **Trigger:** Break below **$107,458.90** (Confirms downtrend)
- **Entry:** **$107,200–$107,400** (Retest of broken support)
- **Stop-Loss (SL):** **$109,500** (Above 25-MA & recent high)
- **Take-Profit (TP):**
- **TP1:** **$105,000** (99-MA support)
- **TP2:** **$102,500** (Next liquidity zone)
#### **2️⃣ BUY (Long) Setup**
- **Trigger:** Break & close above **$109,968.95** (25-MA flip)
- **Entry:** **$110,000–$110,200** (Confirmation)
- **Stop-Loss (SL):** **$107,400** (Below support)
- **Take-Profit (TP):**
- **TP1:** **$111,980.00** (Local high)
- **TP2:** **$113,500** (Next resistance)
### **📌 Key Notes:**
- **Bearish Bias:** Price below 25-MA + RSI <50 suggests short-term weakness.
- **Aggressive Shorts:** Only valid if **$107,458.90** breaks.
- **Bullish Reversal:** Requires reclaiming **$109,968.95** (25-MA).
**🔹 Risk Management:**
- Use **1-2% max capital per trade**.
- Adjust SL/TP if price approaches key levels.
**Your move—wait for confirmation!** 🚀
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