🚨 Bitcoin Alert: Time to Watch Key Levels! 🚨
📉 $BTC has taken a slight dip to $108,701 (-0.32%) after hitting a recent high of $110,718. The bears are testing the market, and the next moves could be crucial! 👀
🧱 Resistance Zone: Around $111,000–$110,700
BTC struggled to stay above this level — this suggests strong selling pressure. If bulls want a comeback, this zone must be broken convincingly. 🔼
🛡️ Support Zone: 1️⃣ $104,400 – 25-day MA
2️⃣ $101,700 – Local support
3️⃣ $96,100 – Major support
4️⃣ 🔻 $90,500 – 99-day MA (Critical support!)
⚠️ A drop below $104K could trigger a deeper correction toward the $90K zone, as the yellow arrow suggests. Watch those moving averages carefully! 📊
🔮 MACD & Volume are showing weakening momentum — potential for further downside unless bulls regain strength soon.
📌 What to watch next:
✔️ Hold of support at $104K
✔️ Reclaim above $110K for bullish continuation
✔️ Increased volume confirmation
💬 Are you buying the dip or waiting for confirmation? Let’s talk strategy! 💥