📊 Chart Overview (4H)
Current Price: ~615.5
24H High / Low: 618.25 / 587.14
RSI(6): 53.6 (neutral-bullish recovery)
MA Levels:
MA(7): 605.4
MA(25): 625.3
MA(99): 738.4 (strong long-term bearish trend)
🔎 Trend Structure
Price is still in a medium-term downtrend (price below MA25 and far below MA99).
Recent bounce from ~570 area (clear support zone).
Short-term momentum improving (RSI above 50, price reclaiming MA7).
MA25 (~625) acting as dynamic resistance.
🧱 Key Levels
Support Zones:
600–605 (MA7 + minor structure support)
585–590 (recent bounce zone)
570 (major support)
Resistance Zones:
625 (MA25 + horizontal resistance)
640–650 (next supply zone)
675+ (strong resistance cluster)
📈 Intraday Trading Plan
Since this is a 4H chart, trades are suitable for 4–24 hour swings.
🟢 Scenario 1: Long Setup (Preferred – momentum recovery play)
✅ Entry
Aggressive: 612–616 (current zone if holding above 605)
Conservative: Break & 4H close above 625
🛑 Stop Loss
Below 600 (tight)
Safer: Below 585
🎯 Take Profit Targets
TP1: 625
TP2: 640
TP3: 655
Risk–Reward (aggressive entry 615, SL 600):
Risk: ~15 points
TP1: +10 (scalp)
TP2: +25
TP3: +40
→ RR improves significantly if targeting 640+
✔ Best used if BTC is stable or bullish intraday.
🔴 Scenario 2: Short Setup (Trend continuation play)
Only valid if price rejects 625 or loses 600.
✅ Entry Options
Rejection wick near 625
OR
Breakdown below 600 (4H close)
🛑 Stop Loss
Above 630 (if shorting rejection)
Above 610 (if breakdown entry)
🎯 Take Profit Targets
TP1: 590
TP2: 575
TP3: 560
This aligns with the broader downtrend structure.
📌 Best Current Strategy
Right now price is:
Above MA7
RSI recovering
Testing mid-range
👉 The market is in a range between 570 and 625.
Until 625 breaks, this is a range trade.
⚡ Clean Intraday Signal (Highest Probability Setup)
🟢 Buy Pullback Setup
Entry: 605–610 zone
SL: 585
TP1: 625
TP2: 640
OR
🔴 Sell Rejection Setup
Entry: 622–628 rejection
SL: 635
TP1: 600
TP2: 585
⚠ Risk Notes
Overall structure still bearish on 4H (below MA25 & MA99).
Avoid overleveraging.
Watch BTC dominance and overall market sentiment.
Volume still relatively low — breakout needs confirmation.
If you'd like, I can:
Refine this for futures leverage sizing
Create a scalping setup (15m alignment)
Or build a probability-weighted strategy model for this chart
Just tell me your trading style (spot, 5x futures, scalp, swing, etc.).
