$BTC

Quick analysis of BTCUSDT pair (4-hour timeframe) from image 👇
📊 Current situation
Price: 71,050
Strong decline (-4.4%) with consecutive red candles
Price near support 70,400 – 70,000
Within lower band of Bollinger Bands → strong selling pressure
📉 Indicators
MACD: Negative and strong (continuation of decline)
RSI: Below 30 → oversold (possible rebound soon)
SAR above price → downtrend
🔑 Important scenarios
🟢 Rebound scenario (buying opportunity)
If price holds above:
70,400 – 70,000
Entry:
From 70,500 – 71,000
Targets:
🎯 72,200
🎯 73,500
Stop loss:
❌ 69,800
👉 This is scalp / rebound only (not trend change)
🔴 Break scenario (continuation of decline)
If breaks:
70,000 with clear close
Entry:
Sell after break
Targets:
🎯 68,800
🎯 67,500
Stop loss:
❌ 71,200