๐จ $BTC Price Rejection Detected! Is a Pullback Brewing? ๐งจ๐
Bitcoin stalls under resistanceโwatch this level for your next big move!
๐ฐ Current Price: $104,959.65
๐ 24H Change: -1.57%
๐ Timeframe: 4H
๐ Technical Snapshot:$BTC
๐ก MA(7): $105,146.20 (Price is below โ bearish pressure)
๐ด MA(25): $105,749.50
๐ฃ MA(99): $105,972.25
๐ฅ 24H High: $106,822.78
๐งฑ Support Zone: $103,500 - $104,000
๐งฑ Resistance Zone: $105,700 - $106,800
๐ป Bearish crossover confirmed on the 4H TF
๐ Price rejected at MA(25) + MA(99) = Trend Weakness
๐งญ Higher lows possible, but overall structure leans bearish for now
๐ Trade Setup (SHORT Position) ๐
๐ธ Entry Zone: $105,000 - $105,200
๐ฏ Target 1: $104,000
๐ฏ Target 2: $103,000
๐ Stop Loss: $106,200
๐ If price breaks above $106,200 with volume, reassess bias for breakout long
๐ Pro Tip:$BTC
๐ง RSI divergence + rejection from moving averages = high confluence
โ ๏ธ Great zone for short scalps or trailing downside
๐งจ #Bitcoin #BTCUSDT #CryptoAlert #BearishSignal #BinanceChart