$BTC /USDT Of course! /USD – 1-Hour Technical Analysis (Updated May 30, 2025)

Current Price: ~$104,750

Intraday High: ~$106,383

Intraday Low: ~$104,051

24h Change: -$1,577 (-1.48%)

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🔎 Key Levels

Support: $104,000 → $102,000

Resistance: $106,000 → $107,500

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🔥 Indicators

50 EMA: ~ $105,000 (dynamic resistance)

RSI (14): ~39.5 (bearish bias)

MACD: Negative histogram, confirming downward momentum

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📈 Trade Setup

🔻 Bearish Setup

Entry: Short near $105,000–$105,500 if BTC struggles to reclaim the 50 EMA and shows rejection wicks.

Targets:

1️⃣ $104,000 (first target)

2️⃣ $102,000 (extended target)

Stop-Loss: Above $106,000 to avoid a potential squeeze.

🔺 Bullish Setup

Entry: Long if BTC breaks and holds above $106,000 with strong volume confirmation.

Targets:

1️⃣ $107,500 (first target)

2️⃣ $110,000 (extended target)

Stop-Loss: Below $105,000 to minimize risk if bullish momentum fails.

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⚠️ Additional Notes

✅ Watch for higher time frame confirmations — especially the 4H chart to see if the trend aligns.

✅ Monitor macroeconomic factors (US economic releases, regulatory news) as they may impact crypto sentiment.

✅ Adjust position sizes based on risk appetite and always use proper risk management.

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💡 Tip: Always combine technical analysis with good risk management, and consider using trailing stops to lock in profits as price moves in your favor.