š Update BTC/USDT (Futures Idea)
Price: 117,787.98 USDT (+0.45%)
24 Hour Range: 116,862 ā 117,898
š Brief Analysis:
EMA(7) is starting to approach EMA(25), a potential short bullish signal.
RSI 61 ā still room to rise, but approaching the overbought zone.
Strong Resistance: 118,500 ā 119,000
Strong Support: 116,800 ā 116,500
ā” Futures Trading Idea:
1. Long (Buy) Setup
Entry: 117,600 ā 117,800
TP: 118,500 ā 119,000
SL: 116,800
2. Short (Sell) Setup (if resistance breaks)
Entry: 118,500 ā 119,000
TP: 117,000 ā 116,800
SL: 119,500