#StrategyBTCPurchase

Okay, let's discuss the BTCUSDT Perp setup (Binance)

Last price: 113,069

High 24 hours: 113,973

Low 24 hours: 111,944

📍 Major trend (Daily & 4H):

Price has been in a downtrend since rejection at 119K.

MA99 (114,165) is still a strong resistance.

MA25 & MA7 are still above the price → the trend is still structurally bearish.

❎ Nearest support:

111,900 (yesterday's low).

111,500 (psychological support).

⛔ Nearest resistance:

113,600 – 113,800 (MA25 + rejection candle area).

114,800 – 115,000 (MA99).

Order Book Sentiment:

TF 1D → Short 67.69% vs Long 32.31% → the majority of market participants lean towards Short.

TF 4H → Long 53.84% vs Short 46.16% → there is a potential short-term retrace.

Volume: starting to increase as the price bounces off the support at 111.9K → potential relief rally.

📈 Potential Setup

📍 Long Setup (Countertrend / Relief Rally)

Entry: 112,800 – 113,100

Target 1: 113,800 – 114,000

Target 2: 114,800 – 115,000 (MA99, strong resistance)

Stop Loss: 111,800 (below support).

⚠️ Note: This Long is only for scalping/rebound because the main trend is still down.

📍 Short Setup (Follow Trend)

Wait for the price to rise close to the area of 114K – 115K (resistance + MA99).

Entry: 114,000 – 114,800

Target 1: 112,000

Target 2: 111,500 – 111,000

Stop Loss: 115,500.

⚠️ Note: It's safer to follow the main trend (bearish). Short setup has a larger potential R/R.

📌 Summary

The main trend is still bearish.

Currently, the price is at 113K → it may bounce up briefly (relief rally to 114K-115K) before continuing down.

The safest plan: wait for rejection at 114K-115K to Short.