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$BTC Rapid descent – Is a bounce forming?
Bitcoin has just touched the intraday low at $82,030 after facing rejection near $83,817. It is currently around $82,092, with a decline of -0.74%, but remains strong with solid volume support: over 743M USDT traded in the last 24 hours.
The 1-minute chart shows a clear downtrend with short-term EMA pressure, but sellers are losing momentum near support.
Here’s a scalp signal:
Entry: $82,050 – $82,150
Stop Loss: $81,750
Targets:
1. $82,400
2. $82,650
3. $82,850
Support: $82,000 – holding strong so far
Resistance: $82,480 then $82,800
A bounce from here could trigger a short squeeze. Stay agile and ready — BTC rarely stays quiet for long!
#Bitcoin #Binance $BTC
Bitcoin has just touched the intraday low at $82,030 after facing rejection near $83,817. It is currently around $82,092, with a decline of -0.74%, but remains strong with solid volume support: over 743M USDT traded in the last 24 hours.
The 1-minute chart shows a clear downtrend with short-term EMA pressure, but sellers are losing momentum near support.
Here’s a scalp signal:
Entry: $82,050 – $82,150
Stop Loss: $81,750
Targets:
1. $82,400
2. $82,650
3. $82,850
Support: $82,000 – holding strong so far
Resistance: $82,480 then $82,800
A bounce from here could trigger a short squeeze. Stay agile and ready — BTC rarely stays quiet for long!
#Bitcoin #Binance $BTC
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