BTCUSDT – 1H Time Frame Analysis...

Wait 5 sec.

BTCUSDT – 1H Time Frame Analysis...Bitcoin / TetherUSBINANCE:BTCUSDTXAUxBTC_ProBTCUSDT – 1H Time Frame Analysis 📊 (Educational) Chart looks like price is approaching a resistance + triangle compression area. Momentum is still weak below major resistance. 🔴 Sell Scenario (if rejection confirms): 📍 Entry Zone: 60,300 – 60,700 🎯 TP1: 59,650 (first target area) 🎯 TP2: 59,000 (key support) 🎯 TP3: 58,300 (extended target) 🛑 SL: Above 61,200 📌 Reasons: • Price trading below major resistance • Descending structure still active • Triangle compression → breakout expected • Rejection zone visible near 60.6K ⚠️ Wait for a 1H candle close confirmation before taking any trade. Risk only what fits your plan. Caption: “BTCUSDT testing resistance — rejection could open the path toward lower targets 📉🔥”