Market Structure


Trend: Short-term Bullish
EMA 20 still above EMA 50 → upward momentum still healthy
Buy volume starting to decrease slightly → sign that the market is cooling off
Key Area
Resistance:
$82.5K
$83.4K
Support:
$81K
$80.3K
1H Scenario
Bullish if the 1H candle closes above $82.5K with high volume:
quick target to $83.4K
then possibly spike to $84K
Bearish if breakout fails:
potential retrace to $81K
or wick to $80.3K to grab liquidity
Indicators
RSI 1H: around 63–67 → still bullish but starting to overheat
MACD: still bullish crossover, but histogram is weakening
Funding rate starting to rise → prone to small long squeeze
#WCTCTradingKingPK $BTC
BTC-1.58%
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