🚨🚨$BTC Complete Trading setup in 1 Hour Timeframe 🚨🚨🚨

1. Current Price: $96,579.99.

2. 24h High/Low:

High: $100,582.78.

Low: $92,232.54.

3. Moving Averages (MA):

MA(7): $95,399.62.

MA(25): $96,582.81.

MA(99): $102,513.29.

4. Volume:

Notable volume spikes during price movement, indicating activity.

Support and Resistance Levels:

Support:

$92,232.54: Recent low and a strong support level where buyers stepped in.

$91,498: The next significant support area if the price breaks below $92,232.54.

Resistance:

$100,582.78: Immediate resistance based on the 24-hour high.

$102,258: A previous resistance zone that aligns with MA(99).

Entry Points:

Short Position:

Entry: $96,800–$97,200 (near the current price, assuming rejection below MA(25)).

Stop Loss: $100,600 (above resistance at $100,582.78).

Take Profit:

Target 1: $94,500.

Target 2: $92,300.

Long Position:

Entry: $92,300–$93,000 (near support level for a rebound).

Stop Loss: $91,000 (below support at $91,498).

Take Profit:

Target 1: $97,000.

Target 2: $100,000.

🐻‍❄️Market Insights:

Trend: The price is currently in a downtrend (lower lows and lower highs). The short-term moving averages (MA7 and MA25) are below the longer-term MA99, confirming bearish momentum.

Volume Analysis: Increased trading volume near $92,232.54 indicates that level is key for buyer interest.

Risk/Reward: Short-term positions may be riskier due to market volatility. A clear breakout above $100,600 or below $91,500 will confirm the next major trend.

General Tips:

Monitor Bitcoin's correlation with macroeconomic events or other market indicators like U.S. Dollar Index (DXY).

Avoid over-leveraging in volatile conditions.

Set alerts near critical levels to react promptly.

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