9 October 2025,02:26
Chart The Market
9 October 2025, 02:26
BTC, H4:
Bitcoin (BTC) has shown early signs of technical deterioration after failing to sustain its recent bullish momentum above the $125,100 resistance zone. The cryptocurrency has slipped back toward the 122,000–121,600 support region, signaling a possible loss of near-term buying strength. This pullback follows a period of extended gains, suggesting that BTC may be entering a corrective phase within its broader uptrend.
Momentum indicators reinforce this softening technical outlook. The Relative Strength Index (RSI) has retreated from overbought territory and now hovers near its midline, reflecting fading bullish momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) has turned lower, with narrowing histogram bars indicating a potential bearish crossover.
Overall, BTC’s recent stall beneath 125,000 represents a pivotal juncture: holding above 122,000 could stabilize price action, but sustained weakness below this level would confirm a shift toward corrective or bearish momentum in the short term.
Resistance Levels: 125,100.00, 129,450.00
Support Levels: 122,000.00, 119,000.00
USOIL, H4
USOIL has extended its recent recovery, reclaiming ground above the $62.00 handle after stabilizing from the early-October lows. The move highlights improving short-term sentiment, yet the broader structure still leans cautious as prices struggle to break decisively above the $63.00–$64.25 resistance band. A sustained move beyond this zone would confirm a bullish reversal and pave the way for further gains toward $64.25 and $65.90, while failure to clear it may lead to renewed consolidation or a pullback toward $61.90 and $59.95.
The market’s ability to hold above the $61.90 support remains critical for maintaining the current recovery tone. A break below this level could reassert downside pressure and signal the continuation of the prevailing downtrend that has dominated since late September.
Momentum indicators present a mixed picture. The Relative Strength Index is hovering around the neutral 50 region, showing balanced conditions between buyers and sellers, while the MACD has just turned slightly positive above the signal line, hinting at a cautious shift in momentum favoring the bulls. Overall, USOIL’s near-term bias appears mildly constructive but awaits confirmation through a decisive breakout above resistance.
Resistance Levels: 63.00, 64.25
Support Levels:61.90, 59.95
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
