BTC/USDT 1H: Accumulation in Discount Zone – Breakout Above $99K?
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Current Market Structure:
Smart Money Concepts:
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Key Levels:
Risk Score:
Market Maker Intent:
Recommendation:
Confidence Level:
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Current Market Structure:
- Price at $97,328 consolidating in the equilibrium zone after breaking the previous low.
- Hidden bearish divergence forming between RSI and price action, suggesting a potential retracement before continuation.
- Liquidity resting below $97,000, with price currently in a discount zone, signaling Smart Money accumulation.
Smart Money Concepts:
- Market Makers accumulating within the $97,000 range after shaking out weak hands. Current price action suggests a transition toward a markup phase. Significant resistance at $99,000 must be cleared for bullish continuation, with liquidity pools near $100,500 acting as the next target.
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Key Levels:
- Entry Zone: $97,200 - $97,500
- Targets:
- T1: $99,000 (psychological resistance)
- T2: $100,500 (premium zone)
- Stop Loss: Below $96,400 (recent swing low)
Risk Score:
- 7/10 – Favorable risk-reward ratio, but potential liquidity sweeps below $97,000 could add short-term volatility.
Market Maker Intent:
- Accumulation visible in the discount zone, with possible manipulation below $97,000 before an upward move. A break above $99,000 would confirm bullish strength and open the door to higher price targets.
Recommendation:
- Long positions are favorable within the $97,200 - $97,500 range. Monitor for volume confirmation above $99,000 to secure momentum. Maintain tight stops to protect against unexpected pullbacks.
Confidence Level:
- 7.5/10 – Bullish bias remains intact, but confirmation above key resistance is required.
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Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.