The market is at a crucial juncture! After analyzing the 1m, 15m, 1h, 4h, and 1D timeframes from the latest Binance charts, here is the professional breakdown for
$BTC USDT Perpetual.
🔍 Technical Breakdown:
Price Action:
$BTC is currently hovering around $68,243. We are seeing a minor recovery after a local dip.
SuperTrend Indicator: On the 1-hour and 15-minute charts, the SuperTrend is showing a Green (Buy) signal, suggesting short-term bullish momentum. However, the 4-hour chart shows resistance near $69,240.
RSI (Relative Strength Index): The RSI on the 15m chart is around 39.8, which means it's approaching the oversold zone—historically a good spot for a bounce. On the 4h chart, it's at 61.5, indicating there is still room to move up before hitting the "Overbought" ceiling.
MACD: We see a bullish crossover attempt on the shorter timeframes, but the daily (1D) MACD remains under pressure, suggesting caution for long-term holders.
💡 Trading Signal: Scalping Strategy
Direction: 🟢 LONG (Buy)
Entry Zone: $68,150 - $68,250
Take Profit 1: $68,680 (Recent High)
Take Profit 2: $69,100 (Major Resistance)
Stop Loss: $67,800 (Below recent support)
Direction: 🔴 SHORT (Sell) - Alternative
Only if price fails to break $68,700 and closes a 15m candle below $68,000.
Target: $67,400
⚠️ Risk Warning:
Leverage is a double-edged sword. Given the current volatility, keep your leverage between 5x - 10x and always use a Stop Loss. The order book shows a high concentration of "Ask" (Sell) orders at $68,249, meaning there is some immediate selling pressure to clear.
Stay Disciplined. Stay Profitable.
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