$BTC dropped after hitting $106,853, now cooling at $105,073 — Momentum slowing!!
Breakout could still be brewing!!!!
Is this dip before the rip or signs of deeper weakness????
Bitcoin dropped after hitting $106,853, now cooling at $105,073 — momentum slowing, but a breakout could still be brewing.
Trade Setup:
Support: $104,200
Resistance: $107,200
Targets:
Target 1: $106,300
Target 2: $107,800
Target 3: $109,500
Suggestion:
Wait for confirmation above $107,200 for long, or watch $104,200 for breakdown risk.
