₿ BTCUSD 21st March 2025 Daily Analysis: Key Levels & Trade Setups

📌 Daily Current Market Price (DCMP): 84,130

BTCUSD trades above immediate support at 83,620 and below resistance at 84,804.

🔑 Critical Market Structure

▶ Resistance Zones

Upper Barrier: 84,804 (Weekly R1)

Strong Cap: 88,925 (Daily R3)

▶ Support Zones

Immediate Floor: 83,620 (Daily S1)

Major Base: 81,247 (Daily S3)

▶ Swing Levels (Daily/4H)

Swing High: 95,152

Swing Low: 81,138

📊 Technical Drivers

RSI: Neutral at 49, no divergence observed.

MACD: Bearish histogram fading near zero line.

Fib Levels: 61.8% retracement at 83,620; 161.8% extension at 84,804.

💡 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup

Entry: 81,483 🟢

Stop Loss: 76,110 🔴

Take Profit 1: 85,086 🟡

Take Profit 2: 87,459 🟢

Rationale: Weekly pivot (81,483) aligns with Fib 61.8% support. Oversold RSI and MACD convergence hint at rebound potential.

2️⃣ Intraday Sell Setup

Entry: 84,804 🔴

Stop Loss: 88,925 🟡

Take Profit 1: 83,620 🟢

Take Profit 2: 81,247 🔴

Rationale: Weekly R1 (84,804) coincides with Fib 161.8% extension. Bearish rejection likely at this confluence zone.

⚠️ Risk Management

Tighten stops if price breaks 88,925 (Daily R3) or 81,247 (Daily S3).

Trail 50% profits at TP1 to mitigate volatility risks.

📅 Closing Insight

BTCUSD consolidates between 83,620-84,804. Prioritize selling rallies near 84,804 and buying dips toward 81,483. Watch for MACD crossover confirmation.