๐Ÿงก$BTC โ€“ HOLDING UNDER PRESSURE

๐Ÿช™$BTC faced rejection near $107,499, slipped from its intraday high, and is now trading around $106,840 after briefly testing the $106,439 support zone.

๐Ÿ“Š Current Analysis:

Momentum has slightly weakened as BTC trades below the MA60 (106,897), showing mild bearish pressure. Short-term buyers are defending the $106.4K region, but the trend leans cautious with low follow-through volume.

๐Ÿ’ก Trading Tips:

๐ŸŸข Support: $106,400 โ€“ $106,000

๐Ÿ”ต Resistance: $107,500 โ€“ $108,000

๐Ÿ’ซ Breakout scenario: A clean push above $107,500 could trigger momentum toward $108,200โ€“$108,600, confirming renewed short-term strength.

๐Ÿ’ซ Sideways scenario: Consolidation between $106,400โ€“$107,400 likely as traders await direction from the next 4H candle.

๐Ÿ’ซ Breakdown scenario: If BTC loses $106,000, it may slide toward $105,300โ€“$104,800, signaling short-term bearish continuation.

๐Ÿ’ซ Best entry / SL suggestion: Possible long entry near $106,400 with SL below $105,900 or short near $107,500 with SL above $108,200, depending on momentum confirmation.

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๐Ÿ”ฅ$BTC ๐Ÿ”ฅ

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