BTCUSDT Perpetual Swap (30-Minute Chart) Analysis
2025-02-13
Category: None

BTCUSDT Perpetual Swap (30-Minute Chart) Analysis

Market Overview
The BTCUSDT 30-minute chart indicates a strong bearish sentiment (100%) as price faces resistance at a key supply zone (~98,168 USDT). Currently, Bitcoin is experiencing a pullback from local highs, trading near the EMA 20 and 50 levels, which may act as short-term dynamic support.

Key Technical Levels
Supply Zone (Resistance): 98,168 - 98,759 USDT

Support Zones: 96,139 - 96,734 USDT (Demand Area)

EMA Levels:

EMA 20: Immediate support (~97,382 USDT)
EMA 50 & 100: Secondary support (~97,237 - 96,912 USDT)
Fibonacci Retracement Targets:

0.382 TP1: 96,603 USDT
0.500 TP2: 96,120 USDT
0.618 TP3: 95,836 USDT
0.786 TP4: 94,948 USDT
0.886 TP5: 94,539 USDT
Full Target: 94,072 USDT

Trade Setup & Strategy
📌 Entry Point: 98,168 USDT (Supply Zone Rejection)
🎯 Target Levels (TPs): 96,603 / 96,120 / 95,836 / 94,948
🔴 Stop-Loss: 99,134 USDT, protecting against breakout

💡 Confirmation Criteria:

If price fails to hold EMA 20 (~97,382 USDT), a breakdown toward the demand zone is expected
A move below 97,237 USDT (EMA 50) confirms further downside potential
Bearish order blocks near 98,168 USDT suggest a strong selling zone

⚠️ Risk Considerations

A break above 98,759 USDT would invalidate the bearish setup
Strong buying pressure at 96,000-96,500 USDT may act as a rebound point

📌 Conclusion:
The current bearish setup favors a short position as long as price remains below 98,168 USDT. If Bitcoin breaks below EMA 50 and 100, expect a continuation towards 96,000 - 95,500 USDT. However, if bullish volume returns above 98,759 USDT, a breakout towards 99,500 USDT+ is possible.

Would you like an alternative bullish scenario if BTC reverses momentum? 🚀