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#### Key Indicators:
1. Current Price: #MarketPullback $BTC
- ≈ 99,327.19 USDT (-5.10% over 24h).
- Price corrected from the daily high of 105,260.36 USDT, indicating short-term bearish momentum.
2. Moving Averages (EMA):
- EMA(100): 91,497.12
- EMA(200): 81,734.37
- Price remains above all EMAs, reinforcing a long-term bullish trend. However, the recent pullback may test the EMA(100) as support.
3. Relative Strength Index (RSI):
- RSI(6): 34.57 (oversold signal in the short term).
- RSI(14): 47.80 (neutral with slight bearish bias).
- RSI(24): 51.27 (neutral, potential rebound opportunity).
4. Trading Volume:
- 24h volume: 30,910.77 BTC (≈ 3.12 billion USDT), reflecting strong liquidity and market interest.
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#### Support & Resistance Levels:
- Near-Term Resistance:
- 105,260 USDT (daily high).
- 111,745 USDT (previous all-time high).
- Near-Term Support:
- 91,500 USDT (EMA 100).
- 89,912 USDT (local low).
- 81,734 USDT (EMA 200 – strong long-term support).
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#### Price Targets:
1. Bullish Scenario:
- If price bounces from EMA(100) (~91,500 USDT) and breaks above 105,260 USDT, targets include:
- 111,745 USDT (previous high).
- 120,000 USDT (key psychological level).
2. Bearish Scenario:
- If price breaks below EMA(100) (~91,500 USDT), it may decline toward:
- 89,912 USDT (immediate support).
- 81,734 USDT (EMA 200 – strong accumulation zone).
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#### Market Outlook:
- Short-Term: Consolidation/correction phase. A rebound is likely if EMA(100) holds.
- Mid-to-Long-Term: Bullish trend intact due to price dominance above EMA(200) and annual gains (+135.69%).
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#### Trading Advice:
- Monitor price action around EMA(100) and 105,260 USDT for directional cues.
- Use stop-loss orders below 89,000 USDT for short-term trades.
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Need further clarification or updates? Let me know! 📈