Looking at the 1-hour $BTC /USDT chart you’ve provided, here's a breakdown and possible short-term trading insight:
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📉 BTC/USDT Analysis – 1H Timeframe (as of June 13, 2025)
Current Price: $104,485
24h High: $108,450
24h Low: $102,664
Trend: Bearish structure remains intact with a sharp breakdown to $102,664 followed by a weak bounce.
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📌 Observations:
1. Recent Price Action:
Sharp drop from ~$108K to ~$102.6K.
Current rebound seems corrective, lacking strong volume follow-through.
2. Resistance Levels:
Minor resistance at ~$105,160
Stronger supply near ~$106,600 – a previous breakdown area.
3. Volume Spike:
Noticeable high selling volume on the breakdown candle.
Follow-up buying volume is weaker, suggesting weak bullish conviction.
4. Short-Term MA Cross:
The 5-period MA is under the 10-period MA → bearish crossover confirmed.
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📊 Potential Trade Setup (Short-biased):
Entry: Short near $105,100–105,600 (retest zone)
Stop-Loss: Above $106,800
Target 1: $102,600 (recent low)
Target 2: $100,800 (next demand zone)
Risk-Reward: Roughly 1:2.5 if aiming for Target 2
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⚠️ Risk Note:
If BTC breaks and closes above $107K on the hourly chart with strong volume, the short setup is invalid.
Would you like me to turn this into a visual trade idea or add a MACD/RSI reading from this chart?
