📉 SELL $BTC /USDT
🎯 Entry: 73,800 - 74,500
🛑 Stop Loss: 75,250
✅ Take Profit: 72,500 | 71,800 | 70,000
🔻 Direction: Bearish
📌 Reason: Price below all key EMAs, low volume, downtrend structure.
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📊 Bitcoin (BTC/USDT) Technical Analysis & Trade Setup
📅 As of: 2026-02-04 14:00 UTC
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📈 Market Overview
· Current Price: $73,394.84 / ₹2,05,16,793.57
· 24h Change: -1.01% 📉
· Market Structure: Bearish in higher timeframes, short-term consolidation observed.
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🔍 Key Indicators
📉 Moving Averages:
· EMA(7): 73,527.27 (Resistance 🚧)
· EMA(25): 74,776.66 (Strong Resistance 🚧🚧)
· EMA(99): 76,442.78 (Major Trend Resistance 🚧🚧🚧)
· EMA(10): 71,823.23 (Immediate Support 🛡️)
📊 Volume:
· Current Vol: 45.33894
· MA(5): 1,875.95655 (Low volume ⚠️)
· MA(10): 1,746.57750
📅 Performance Summary:
· 7D: -16.86% 📉📉
· 30D: -19.52% 📉📉
· 90D: -29.65% 📉📉📉
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📉 Chart Interpretation
· Price trading below all major EMAs (7, 25, 99), indicating bearish momentum 📊🔻
· Strong resistance near EMA(25) - 74,776.66 🚧
· Immediate support at EMA(10) - 71,823.23 🛡️
· Volume is subdued, suggesting lack of strong buying interest 📊😴
· Price range between 71,823 - 74,776 is critical for next directional move ⚖️
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🎯 Trade Setup
Direction: SELL / Short 🔻 (on pullback to resistance)
Entry Zone: 73,800 - 74,500 (near EMA 25 resistance)
Stop Loss (SL): Above 75,200 (beyond EMA 99 and recent swing high)
Take Profit (TP) Levels:
· TP1: 72,500 ✅
· TP2: 71,800 (EMA 10 support) ✅✅
· TP3: 70,000 (psychological level) ✅✅✅
Risk/Reward Ratio: 1:2.5+ 📊💰
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✅ Recommendation
· Wait for price to retest resistance before entering short ⏳
· Monitor volume for confirmation of breakdown below 71,823 📊👀
· Consider partial profits at TP1 and trail SL for remaining position 🏃♂️💰
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