$BTC #BTCNextMove #ElSalvadorBTCReserve #MarketCorrectionBuyOrHODL?



🟩 CLEAR POSITION: SHORT (Confidence: 70%)



Bitcoin (BTC/USDT) futures indicate bearish momentum as the price struggles below resistance, with potential for further downside in the short term.



♻️ Recommended Leverage: 10x



👉 Entry Zone: $94,700 - $95,000



🎯 Targets:


• T1: $94,100 (-0.6%)


• T2: $93,500 (-1.2%)


• T3: $92,700 (-2.3%)


• T4: $91,800 (-3.4%)



⛔ Stop Loss: $95,600



📊 IF STOP LOSS TRIGGERS:



Reversal Strategy


• New Entry Zone: $96,100 - $96,400


• New Targets:


• T1: $96,800 (+0.4%)


• T2: $97,600 (+1.2%)


• T3: $98,500 (+2.5%)


• New Stop Loss: $95,400



📈 Key Technical Justifications


1. Relative Strength Index (RSI):


• RSI on the 30-minute timeframe is at 48, indicating neutral to bearish sentiment with room for downside movement.


2. MACD Divergence:


• MACD remains below the signal line, suggesting continued bearish pressure with no immediate reversal signs.


3. Moving Averages:


• Price is trading below both the 20 EMA and 50 EMA, reinforcing a short-term bearish trend.


4. Volume Profile:


• Lower volume during recent price attempts to recover indicates weak bullish momentum, favoring shorts.



🔍 30-Minute Overview:


BTC/USDT has entered a consolidation phase after rejecting the $95,500 resistance level. The current setup suggests potential for further downside, with support levels at $94,100 and $93,500. A breach below $93,500 could accelerate selling pressure toward $91,800. Traders should remain cautious and monitor market sentiment closely.