🟢 $BTC / USDT Perp — Oversold Rebound (Scalp Long)

Market Context:

BTC saw a sharp sell-off and is now testing intraday lows. Momentum is bearish, but short-term exhaustion signals are active.

📌 Last Price: 66,799

📉 Trend: Bearish (below all major EMAs)

📊 RSI(6): 20.7 → Deep oversold

📉 MACD: Strong bearish but selling pressure flattening

Historically, such RSI compression often leads to fast relief bounces.

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🚀 LONG Setup (Counter-Trend Scalp)

📥 Entry Zone:

66,500 – 66,800 (Demand + 24h low support)

🛑 Stop Loss:

66,200 (Range breakdown invalidation)

🎯 Targets:

• TP1: 67,200 — first resistance / bounce confirm

• TP2: 67,800 — EMA7 + supply zone

• TP3: 68,500 — resistance cluster / liquidity grab

⏱ Timeframe: 15m – 1h

⚡ Leverage: 5x–10x (risk-controlled)

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💡 Trade Logic:

• RSI at extreme oversold = seller exhaustion

• Elevated volume supports snap-back move

• Reclaim above 67,200 strengthens bounce continuation

• This is a relief rally, not trend reversal

⚠️ Risk Note:

Counter-trend trade — position size small, SL strict. No emotions.

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#BTC #Bitcoin #ScalpTrade #OversoldBounce #CryptoPerp