$BTC / USDT Perp – Oversold Rebound Setup (Scalp Long) 🟢
Market Snapshot:
🔹 Last Price: $66,799.90 (-3.42%)
🔹 24h Range: $66,511.0 – $69,957.9
🔹 24h Vol: 193.18K BTC / $13.22B USDT
Technical Overview:
📉 Moving Averages: EMA7 (67,277) < EMA25 (68,278) < EMA99 (69,486) → Bearish structure, price below all.
📊 RSI(6): 20.7 – Deeply oversold; similar levels in the past preceded sharp bounces.
📉 MACD: DIF -644.8, DEA -468.9, histogram -175.9 – bearish momentum but showing early signs of flattening.
Price is testing the 24h low region. Extreme RSI suggests selling exhaustion; a technical relief rally toward nearest resistances is likely.
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🚀 LONG Signal (Scalp)
📥 Entry Zone: 66,500 – 66,800 (current support zone)
🛑 Stop Loss: 66,200 (below local low 66,309.4)
🎯 Take Profit Levels:
· TP1: 67,200 (first horizontal resistance)
· TP2: 67,800 (EMA7 / minor supply)
· TP3: 68,500 (next resistance cluster)
⏳ Timeframe: 15m/1h
⚡ Leverage: 5x-10x (conservative)
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💡 Analysis:
RSI(6) at 20.7 indicates oversold conditions not seen since the last major dip. While the overall trend remains bearish, a short-term bounce is probable as sellers exhaust. Watch for a reclaim of $67,200 to confirm strength. Volume remains elevated, supporting a potential snap-back.
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📌 Risk Warning:
Counter-trend trade. Manage size, stick to SL. Not financial advice.
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