📌 Entry Zone:
🔹 Around $102,000 – $102,700
🎯 Targets:
✅ Target 1: $104,000
✅ Target 2: $105,800 (recent high)
✅ Target 3: $106,300+ (next resistance)
🛑 Stop-Loss:
🔻 $99,700
To entre quick $BTC
---
📊 Technical Analysis:
🔸 Price Action: BTC rebounded from a sharp dip to around $100,700 and is currently attempting to recover above the $102,500 mark, suggesting buyer interest.
🔸 RSI (6): At 43.83, indicating neutral-to-slightly-oversold territory—room for upward movement.
🔸 MACD: Negative histogram and downcrossing MACD lines (MACD: -161.15), but starting to flatten, hinting at a potential bullish reversal.
🔸 Volume: Recently spiked during the drop, signaling possible panic selling followed by accumulation.
---
💡 Bullish Confirmation: A clear break and hold above $104,000 with volume could send BTC toward $105,800+.
---
📢 Risk Management:
✔️ Take partial profits at each target; adjust stop-loss to breakeven after hitting Target 1.
✔️ Holding above $101,800 maintains bullish structure.
✔️ Falling below $99,700 would invalidate the setup and suggest more downside.
---
📈 Trend Outlook: Short-term pullback, but potential for recovery if BTC sustains above support. Watch for a bullish crossover on MACD as a stronger confirmation.
