support and resistance levels and bullish or bearish analysis
Resistance Levels:
$104,361 – Recent 24h high and current local peak.
$105,854 – Previous marked resistance (top of the chart).
Support Levels:
$99,286 – Local support, previous breakout level.
$97,867 – 7-day moving average (MA7), dynamic short-term support.
$92,835 – 25-day moving average (MA25), strong mid-term support.
$89,705 – 99-day moving average (MA99), major support zone.
The current price at $103,074 is just below the recent peak, so breaking above $104,361 could lead to a bullish continuation. On the downside, if price drops below $99,286, further pullbacks to $97,867 or $92,835 are possible.#CryptoComeback $BTC
