$BTC Analysis and Key Levels to Watch! 📉

📊 Trade Setup

Potential Entry: Consider a short if BTC rejects $76,345 resistance or a long if it finds support above $76,000.Stop Loss (SL): For longs, place SL below $75,900; for shorts, set SL above $76,400.Take Profit (TP) Targets:TP1: $76,000TP2: $75,114

Hope you understand setup well!

BTC is currently moving sideways, hovering near a critical zone. Here’s what to monitor for your next trade setup! 👇

Resistance: $77,795

Support: $75,114

📌 Indicators & Analysis:

Heikin Ashi Candles: Lack of strong momentum signals caution; wait for a clear directional candle close.

Price Action: BTC is trading within the mean reversion channel, suggesting a consolidating market.

Stochastic RSI: Near oversold levels, watch for a bullish crossover if price breaks above $76,345 resistance.

Price is in the mid-to-lower range, indicating limited downside unless $76,000 support breaks.

BTC’s sideways movement signals indecision. Trade cautiously and follow confirmation signals to capitalize on the next strong move. #BTC☀ #btcanlaysis