BTC/USDT Trade Setup (1D Chart Analysis)



Current Price: $101,333.17
Change: -0.74%
24H Range: $98,200 – $102,137
RSI(14): 39.66 (Bearish Zone)
Technical Overview:

Trend: Bearish momentum building as BTC breaks below the 9 EMA (red), 25 EMA (green), and 45 EMA (purple).

Resistance Levels:

Immediate resistance at $101,827 (previous support, now flipped).

Stronger resistance near $107,551, a key level from recent rejections.

Support Levels:

Short-term support around $96,200.

Deeper support at $90,500 and $84,850, based on previous bounce zones.
Indicators Insight:

RSI at 39.66 suggests weakening buying pressure and a shift toward oversold territory — room for a potential bounce, but no confirmation yet.

EMA Cross Structure: 9 EMA has crossed below the 25 and 45 EMA, reinforcing a short-term bearish trend.
#Gate Square Creator Spark Program: Win Over $10,000 Posting Rewards
BTC0,15%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)