🚨 BTC/USDT – Short-Term Retail Signal (1H)
Market Snapshot BTC is trading around 68,670, sitting below key short-term moving averages. Price is showing weakness after failing to reclaim resistance near 69.5k–70k.
Technical Read
Trend: Short-term bearish / range-bound
EMA 7 & 25: Price below both → sellers in control
EMA 99: Acting as strong overhead resistance
RSI (6): ~40 → weak momentum, not oversold yet
MACD: Slight recovery attempt, but still below zero → no strong reversal confirmed
Key Levels
Resistance: 69,100 – 69,800
Support: 68,000 – 67,800
Major Breakdown Level: 67,800
---
📌 Retail Trade Idea
Bias: Short on pullbacks (counter-trend longs are risky)
Short Setup
Entry: 69,000 – 69,500
Stop-Loss: Above 70,200
Targets:
TP1: 68,000
TP2: 67,800
Alternative Scenario If BTC reclaims and holds above 70k, this bearish setup is invalid → wait for confirmation before longing.
---
⚠️ Retail Reminder Market is choppy. Avoid over-leverage, wait for price to come into levels, and don’t chase green candles.
