#TradfiTradingChallenge


$BTC /USDT – 1H Chart Analysis

Current Price: $76,600.3

Key Levels

· Resistance: $76,638 / $76,918 / $77,904

· Support: $75,933 / $74,948 / $74,291

Moving Averages (Mixed)

· EMA5: $76,659

· EMA10: $76,728

· EMA30: $76,564

Price is trading below EMA5 and EMA10, but above EMA30. Mixed structure – not clearly bullish or bearish.

RSI (Neutral)

· RSI(6): 44.7 (weak)

· RSI(12): 50.3

· RSI(24): 51.4

RSI(6) below 50 shows short-term weakness, but RSI12 and RSI24 are near 50.

Outlook

BTC is consolidating after the bounce from $74k. Price is stuck between EMA10 and EMA30. A break above $76,728 would be bullish. A break below $76,564 would be bearish. RSI suggests no strong momentum in either direction.

Bias: Neutral. Wait for clear direction above $76,728 or below $76,564.
BTC-0.8%
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