🔥 BTCUSDT 4H — THE NEXT MOVE IS BEING SET UP!
Bitcoin is currently trading around $62,858, and the 4H chart shows a short-term bearish structure, but momentum is approaching a zone where a relief bounce could develop.
📉 Market Structure
Price is below MA5 ($62,982), MA10 ($63,026) and MA30 ($63,223) → sellers currently have control.
Immediate resistance: $63,000–$63,250
Major resistance: $63,600–$64,000
Strong breakout zone: $65,000–$65,100
Immediate support: $62,680
Next support: $62,300–$62,000
A clean break below $62,680 could open the door toward lower support levels.
📊 Indicators MACD