BTC/USDT Analysis – 30-Minute Chart (OKX)
Key Support Levels:
Immediate support: 82,596 USDT
Stronger support: 81,900 USDT (Potential entry point)
Stop-loss: Below 79,426 USDT (Risk management)
Key Resistance Levels:
First resistance: 84,326 USDT
Next resistance: 85,726 USDT (Major supply zone)
Higher targets: 87,702 – 88,547 USDT
Indicators & Market Structure:
BTC is testing a short-term support after a bearish move.
The Stochastic RSI shows an overbought condition, signaling a potential retracement.
The EMA 20, 50, 100, and 200 are showing mixed signals; BTC needs to break above EMA 100 to confirm bullish momentum.
The MACD histogram is showing early signs of bullish momentum.
Trade Plan:
Bullish case: If BTC holds 82,596 – 81,900 USDT, a reversal towards 84,326 – 85,726 USDT is possible.
Bearish case: If BTC drops below 81,900 USDT, further downside towards 79,426 USDT may happen.
Summary:
BTC is at a crucial level, consolidating around support. If it holds above 82,596 USDT, we could see a bounce toward 85,726 USDT. However, a break below 81,900 USDT could trigger more downside. Monitor price action carefully before entering a position.