Technical analysis by cyscalpingvip about Symbol BTC: Buy recommendation (4/4/2025)

cyscalpingvip

BTC/USDT Analysis – 30-Minute Chart (OKX)Key Support Levels:Immediate support: 82,596 USDTStronger support: 81,900 USDT (Potential entry point)Stop-loss: Below 79,426 USDT (Risk management)Key Resistance Levels:First resistance: 84,326 USDTNext resistance: 85,726 USDT (Major supply zone)Higher targets: 87,702 – 88,547 USDTIndicators & Market Structure:BTC is testing a short-term support after a bearish move.The Stochastic RSI shows an overbought condition, signaling a potential retracement.The EMA 20, 50, 100, and 200 are showing mixed signals; BTC needs to break above EMA 100 to confirm bullish momentum.The MACD histogram is showing early signs of bullish momentum.Trade Plan:Bullish case: If BTC holds 82,596 – 81,900 USDT, a reversal towards 84,326 – 85,726 USDT is possible.Bearish case: If BTC drops below 81,900 USDT, further downside towards 79,426 USDT may happen.📌 Summary:BTC is at a crucial level, consolidating around support. If it holds above 82,596 USDT, we could see a bounce toward 85,726 USDT. However, a break below 81,900 USDT could trigger more downside. Monitor price action carefully before entering a position. 🚀