#BTC Battles Key Support at $94K: Will the Bulls Hold or Break?
🚨 BTC/USDT Quick Analysis 🚨
Current Price: $94,260.87 (+0.59%)
Timeframe: 15-Min Chart
Date: April 26, 2025
🔥 Key Observations:
Current Trend:
⚠️ Short-term bearish (downtrend) — BTC is trading below key moving averages (EMA 7, EMA 25, and EMA 99).
Support Levels:
🛡️ $94,120 (tested and holding for now)
🛡️ $93,581 (24h low — strong bounce potential)
Resistance Zones:
🚧 $94,750 - $95,150 — previous rejection points.
Volume Check:
📊 Volume spiked around 12:15 PM but dropped afterward — buyers are slowing down a bit.
Moving Averages:
➡️ EMA(7) ($94,298) and EMA(25) ($94,482) are acting as resistance.
➡️ EMA(99) ($94,494) — still above price = bearish pressure.
MACD & RSI: (not fully visible but based on candles)
🧭 Momentum appears neutral to slightly bearish — watch for a potential breakdown or bounce at $94k.
📈 Strategy Thoughts:
Scalp Trade Idea:
Buy near $94,100 - $94,200 with a tight stop loss below $93,550
Target quick profits around $94,700 - $94,800.
Swing Trade Idea:
⚡ Better to wait for a clear breakout above $94,800 with volume confirmation.
⚡ Final Signal:
BTC is fighting at a critical support zone!
Below $94k = ⚠️ Possible deeper correction.
Above $95k = 🚀 Bulls could regain momentum!
📢 What's your move?
[Buy] 🟢 or [Sell] 🔴?
Comment your strategy!
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