BTC Rebound? Early Bullish Signals from EMA and MACD!
BTC is currently trading at 94,819 USDT, showing signs of recovery and forming a short-term bullish signal on the 3-hour chart.
Technical Analysis:
EMA 9 has crossed above EMA 21 → early indication of a potential uptrend.
MACD is curving upward, suggesting growing bullish momentum.
RSI at 58.77 → not overbought yet, still room for upside.
Key Levels:
Major Resistance: 95,500 USDT
Nearest Support: 93,700 USDT
If BTC can break and hold above 95,500, the path to 100,000 USDT becomes more likely.
Conclusion:
BTC is showing healthy technical recovery, but confirmation from volume and a resistance breakout is needed to validate the bullish trend.
Community Question:
Is this a good entry opportunity? Or better to wait for confirmation? Share your thoughts in the comments!