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BTC/USDT – Technical Analysis (based on your 4H chart)
Current price: ~89,800
Timeframe: 4H
Trend: Bullish (short–mid term)
📈 Trend & Moving Averages
EMA 9 (≈ 89,031) > EMA 21 (≈ 88,496) → bullish crossover maintained
Price is above both EMAs, showing strong upside momentum
Structure shows higher highs & higher lows → uptrend intact
📊 Momentum (RSI)
RSI(14): ~63
Bullish zone (above 50), not overbought yet
Momentum still supports further upside, but nearing resistance
🔑 Key Levels
Resistance
90,600 (recent high / rejection level)
If broken and closed above on 4H → next targets:
91,800 – 92,500
Psychological level: 95,000
Support
89,000 (EMA9 + minor structure)
88,200 – 88,500 (EMA21 + consolidation zone)
Stronger support: 86,800 – 87,000
🧠 Market Behavior
Recent candle shows small pullback after rejection at 90,588 → normal profit-taking
As long as BTC holds above 88,500, bulls remain in control
No bearish divergence visible yet