- The overall trend remains bullish, but the main indicators (MACD, Stochastic, Vortex, Momentum, RSI, PSAR, DMI, MFI, Fisher) all show a bearish bias on the 1-hour timeframe 🚩 - The current price is around 90,000 USDT, approaching key support levels and just experienced a sharp rejection from the upper area - Last movement range: swing high at 94,594.5 (this is the highest point of the latest move, usually prone to manipulation/liquidity sweep), swing low is forming, equilibrium (midpoint) at 92,239.6
📈 Critical Levels:
- Strong resistance at 91,563.2 and 94,150 (supply zones with many seller stop-losses, be cautious if the price moves back up here) - Last movement equilibrium area at 92,239.6 (prone to manipulation, false breakouts often occur before moving in the true direction) - Closest support at 89,500 and 89,285.4 (may become short-term buyer reaction zones) - Next support at 89,529.6 followed by 87,719.3 & 87,772.5 (this is deeper demand zone, potential target for decline if bearish continues) - There is an FVG (Fair Value Gap) around 91,632.8, which can temporarily act as resistance if the price rises
📌 Trading Scenarios and Confirmation:
- Currently, the price has broken down through several supports, indicating potential further bearish movement. The ideal shorting area is if a pullback occurs to 91,500–91,600 with a rejection reaction (e.g., pin bar/rejection or bearish engulfing pattern on lower timeframes M5/M15) - Potential take profit at support 89,500 (TP1), and around 87,700 (TP2) if bearish momentum is strong - For long entries, wait for a clear reversal candle at 89,500 or lower (double bottom or pin bar/hammer on small timeframes). Confirm with increased volume or bullish engulfing - Stoploss should be placed at the last swing high if shorting, or the most recent swing low if longing (adjust lot size to manage risk)
🚦 Confirmation Scenario Example:
- Short: Wait for price to retrace to 91,500–91,600, then appear bearish pin bar/engulfing on H1/M15 + increased volume. Enter when the candle closes confirming the pattern. TP at 89,500, partially exit at 87,700 if breakdown occurs - Long: If price tests 89,500 or 87,700 then shows bullish pin bar/double bottom on M5/M15, enter on candle close confirmation. TP at 91,000, partial at 92,200 if a strong reversal occurs
🌌 Expectations:
- OBSERVING BEARISH SIGNAL DOMINANCE IN THE INDICATORS AND SUPPORT BREAKDOWN, POTENTIAL PRICE WILL CONTINUE TO DROP TOWARD 89,500 AND IF BREACHED, IT WILL EXTEND TO 87,700 AND BELOW 🚨 - The best scenario is waiting for a pullback to resistance zone (91,500–91,600) and confirmation of rejection to short, or waiting for a strong price action reversal at support 89,500 or 87,700 for potential scalp longs - The bias will turn bullish if the price can reclaim and sustain above 92,200–92,300 with high volume and continuation structure (higher high on H1)
📝 This is not investment advice, only an educational report from Finora. Always perform risk management and use price action confirmation before entering a position!
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.
🔍 General Evaluation:
- The overall trend remains bullish, but the main indicators (MACD, Stochastic, Vortex, Momentum, RSI, PSAR, DMI, MFI, Fisher) all show a bearish bias on the 1-hour timeframe 🚩
- The current price is around 90,000 USDT, approaching key support levels and just experienced a sharp rejection from the upper area
- Last movement range: swing high at 94,594.5 (this is the highest point of the latest move, usually prone to manipulation/liquidity sweep), swing low is forming, equilibrium (midpoint) at 92,239.6
📈 Critical Levels:
- Strong resistance at 91,563.2 and 94,150 (supply zones with many seller stop-losses, be cautious if the price moves back up here)
- Last movement equilibrium area at 92,239.6 (prone to manipulation, false breakouts often occur before moving in the true direction)
- Closest support at 89,500 and 89,285.4 (may become short-term buyer reaction zones)
- Next support at 89,529.6 followed by 87,719.3 & 87,772.5 (this is deeper demand zone, potential target for decline if bearish continues)
- There is an FVG (Fair Value Gap) around 91,632.8, which can temporarily act as resistance if the price rises
📌 Trading Scenarios and Confirmation:
- Currently, the price has broken down through several supports, indicating potential further bearish movement. The ideal shorting area is if a pullback occurs to 91,500–91,600 with a rejection reaction (e.g., pin bar/rejection or bearish engulfing pattern on lower timeframes M5/M15)
- Potential take profit at support 89,500 (TP1), and around 87,700 (TP2) if bearish momentum is strong
- For long entries, wait for a clear reversal candle at 89,500 or lower (double bottom or pin bar/hammer on small timeframes). Confirm with increased volume or bullish engulfing
- Stoploss should be placed at the last swing high if shorting, or the most recent swing low if longing (adjust lot size to manage risk)
🚦 Confirmation Scenario Example:
- Short: Wait for price to retrace to 91,500–91,600, then appear bearish pin bar/engulfing on H1/M15 + increased volume. Enter when the candle closes confirming the pattern. TP at 89,500, partially exit at 87,700 if breakdown occurs
- Long: If price tests 89,500 or 87,700 then shows bullish pin bar/double bottom on M5/M15, enter on candle close confirmation. TP at 91,000, partial at 92,200 if a strong reversal occurs
🌌 Expectations:
- OBSERVING BEARISH SIGNAL DOMINANCE IN THE INDICATORS AND SUPPORT BREAKDOWN, POTENTIAL PRICE WILL CONTINUE TO DROP TOWARD 89,500 AND IF BREACHED, IT WILL EXTEND TO 87,700 AND BELOW 🚨
- The best scenario is waiting for a pullback to resistance zone (91,500–91,600) and confirmation of rejection to short, or waiting for a strong price action reversal at support 89,500 or 87,700 for potential scalp longs
- The bias will turn bullish if the price can reclaim and sustain above 92,200–92,300 with high volume and continuation structure (higher high on H1)
📝 This is not investment advice, only an educational report from Finora. Always perform risk management and use price action confirmation before entering a position!
$BTC #FedRateCutPrediction