📊
$BTC USDT Perp – Technical Analysis & Trade Setup 💰
Current Price: $89,199.90 | **Change:** -0.11%
**Mark Price:** $89,200.0
🔍 Key Indicators:
· MA(7): 89,422.8 → Price below MA(7)
· MA(25): 90,196.4 → Price below MA(25), signaling short-term weakness
· MA(99): 92,331.4 → Price well below MA(99), indicating a clear downtrend in higher timeframe
Volume: 96.625 (significantly below MA(5) and MA(10), suggesting low momentum and potential consolidation)
📈 Chart Levels:
· Strong Resistance Zone: 90,436.5 – 92,259.0 (previous support now resistance)
· Immediate Resistance: 89,422.8 (MA7) and 90,196.4 (MA25)
· Current Level: 89,200 (critical pivot)
· Support Levels: 88,613.9 → 87,205.5 → 86,791.2
🧠 Trade Idea – SHORT Bias
Reasoning:
1. Price below all key MAs (7, 25, 99), confirming bearish structure.
2. Large gap between price and MA(99) (~3,100 points) shows strong selling pressure.
3. Volume is extremely low compared to averages, suggesting lack of buying interest.
4. Chart labels show lower highs (95,904.3 → 89,200), confirming downtrend.
Entry Zone: 89,400 – 90,000 (near MA resistance confluence)
Stop Loss: Above 90,450 (above MA25 and previous structure)
Take Profit Levels:
· TP1: 88,600
· TP2: 87,200
· TP3: 86,800
⚠️ Risk Management:
· Risk no more than 1-2% of your capital.
· Watch for a break above 90,450 – that would invalidate the short setup.
· Monitor for sudden volume spike (could signal reversal).
✅ Final Verdict:
Market structure favors SHORT positions on retests toward MA resistance.
A break below 88,600 could accelerate the move toward 87,200.
🔔 Follow for more institutional-level analysis and real-time trade alerts!
#BTC #BTCUSDT #TradingSetup #BinanceSquare #PerpetualFutures $BTC