BTCUSDT SPOT
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BTC/USDT Trade Setup & Analysis – Key Support Bounce & Targets

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Support: The lower purple zone indicates a strong support level where the price has bounced.
Resistance: The upper purple zone marks a resistance area where price has been rejected multiple times.
2. Moving Averages:
200 EMA (Blue): At 82,800.42, acting as dynamic resistance.
30 EMA (Red): At 82,090.72, indicating short-term trend direction.
3. Trade Setup:
A long position is planned from the current support level.
Entry: Around 80,026.98 (near support).
Stop Loss: Around 76,980.09 (below support).
Take Profit Targets:
TP1: 81,636.34
TP2: 82,800.42 (near 200 EMA)
TP3: 84,481.83
TP4: 86,260.26
Final Target: 88,297.36
4. Conclusion:
The setup expects a bounce from support with a target back towards resistance levels.
Breaking 82,800 (200 EMA) is crucial for further bullish momentum.
If the price falls below 80,000, the setup might get invalidated.
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