$BTC /USDT: WEAKNESS EMERGING – KEY SUPPORT BEING TESTED! 🔻⚠️
Price Action: $103,750 (-3.81%) – Slipping after rejection near $108,952 (24h high).
EMA Outlook:
EMA(7): 105,132 – Now acting as resistance
EMA(25): 100,310 – Critical zone for bulls to defend
EMA(99): 87,838 – Long-term support well below current price
🔍 CRUCIAL LEVELS
Immediate Resistance: $105,132 (EMA7) → A break above could retest $108,000
Support Zone: $103,371 (24h low) → Break here could accelerate drop to $100,310 (EMA25)
Major Breakdown Level: Below $100,000 → Opens path to $97,365 and $89,000 zone
📉 TRADE SETUPS
1️⃣ Short Setup:
Entry: $104,000–$105,000 (bounce rejection from EMA7)
Stop: $106,000
Targets: $100,310 → $97,365 → $89,000
2️⃣ Long Setup (Risky):
Entry: $100,300 (EMA25 bounce)
Stop: $98,800
Targets: $105,000 → $108,500
💡 MARKET CONTEXT
BTC is stuck between EMAs – structure turning neutral to bearish on 3D chart
"If $100K fails, it’s a freefall to deeper support." 🚨
⚠️ Caution:
Volume still high ($2B USDT) – but fading momentum
Watch macro news + BTC dominance for signs of market sentiment shift
🔭 Next Key Move: BTC must reclaim EMA7 ($105,132) fast or risk a larger correction.