🔎 Market Snapshot
BTC/USDT: 113,673.79 (-1.14% last hour)
Timeframe: 1H (short-term, intraday view)
Volume: Moderate, no unusual spikes
Key Indicators
EMA(5): 113,514.10 → trending upward ✅
EMA(10): 113,502.94 → trending upward ✅
RSI(6): 57.10 (bullish bias, not overbought)
RSI(14/24): 43.85 / 41.38 (neutral to slightly bullish)
Stoch RSI: 56.94 → mid-level, rising
MACD: Histogram positive, DIF crossing above DEA (fresh bullish momentum)
📈 Technical Breakdown
Price Action:
BTC bounced sharply from 112,566.01 and is now making higher lows and higher highs, signaling a short-term momentum shift to the upside.
Moving Averages (EMA):
The upward EMA(5)–EMA(10) crossover is a classic bullish scalp signal, favoring quick long positions.
MACD Momentum:
The bullish crossover supports continued recovery if BTC holds above support.
RSI & Stoch RSI:
Both suggest room for upside before hitting overbought conditions.
🏛 Support & Resistance
Immediate Resistance: 113,700–114,200 → next key barrier.
Next Resistance: ~115,100 if momentum holds.
Support Levels:
113,500 (EMA zone)
113,000 / 112,600 (recent lows & safety net)
⏱ Short-Term (2-Hour) Outlook
Bias: Mildly bullish, favoring upside continuation.
Condition: Bullish structure remains valid above 113,500.
Risk: A close below 113,500 → bearish risk, with downside to 113,200–112,600.
🎯 Trade Plan
Primary Setup (LONG bias)
Entry: 113,500–113,700
Target (TP): 114,150–115,000 (take partial profits along the way)
Stop-Loss (SL): 113,200
Alternative Setup (SHORT on rejection)
Entry: 114,200–114,400 (if rejection candle forms)
Target (TP): 113,700–113,200
Stop-Loss (SL): 114,700
🗝 Key Takeaways
BTC is in a post-pullback recovery, with indicators backing a short-term bullish setup.
Best risk/reward: LONG above 113,500 with eyes on 115,000.
Watch for volume confirmation & tighten SL if momentum fades.
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