$BTC High Alert price analysis ๐จ Is big correction going on ?
๐ Current Price: $103,832.62
๐ป Down -1.97% in 24h
Hereโs the technical breakdown based on the latest chart ๐:
๐ก๏ธ Support Levels:
1๏ธโฃ $102,345 โ 24h Low
2๏ธโฃ $100,372 โ Strong daily candle support
3๏ธโฃ $98,913 โ Key historical zone
4๏ธโฃ $94,364 โ MA(99) line, long-term support
๐ฅ Resistance Levels:
1๏ธโฃ $104,802 โ MA(7) acting as dynamic resistance
2๏ธโฃ $105,622 โ MA(25), crucial mid-term resistance
3๏ธโฃ $108,011 โ Previous rejection area
4๏ธโฃ $111,980 โ Swing high on the chart
๐ MACD: Bearish crossover with declining momentum
๐ Volume: Weak volume, not enough strength for breakout yet
โ ๏ธ Conclusion:
BTC is trading near a key demand zone but struggling below moving averages. If bulls can reclaim $105K+, we may see upside potential. If it loses $100K, prepare for deeper correction.
๐ฌ Stay alert, set your stop-losses smartly, and watch these levels closely!
