đ $BTC Trading Setup â March 29, 2025 đ
đ„ Current Market Overview:
âą Price: $82,973.79 (-2.28%)
âą 24h Low: $82,820.85 (near support)
âą MA7: $83,559.01 (short-term resistance)
âą MA25: $84,056.34 (key resistance)
âą MA50: $85,347.95 (major resistance)
âą MA200: $85,823.35 (long-term trend)
âą RSI (6): 21.74 (oversold zone)
âą MACD: Strong bearish momentum
âž»
đ„ Short Setup (Primary Bias â Downtrend Continuation)
đ Entry: $83,500-$83,800 (if price retests MA7/MA25 and rejects)
đč Stop-Loss: $84,100 (above MA25)
đŻ Take-Profit: $82,500
đ Trailing Stop: 1.5% downward from local high
âž»
đ© Long Setup (Oversold Bounce)
đ Entry: $82,500-$82,700 (if price holds support and RSI rebounds)
đč Stop-Loss: $82,300 (below recent low)
đŻ Take-Profit: $83,500-$83,800
đ Trailing Stop: 2% upward from entry price
âž»
đŽ Primary Strategy: Short from $83,500-$83,800 with a 1.5% trailing stop.
đą Alternative: Long from $82,500 with a 2% trailing stop for a short-term bounce.
đ Trade wisely and manage your risk! đ #BTC #Crypto #Trading