๐จ $BTC /USDT โ Trade Signal (4H Chart) ๐จ
๐ Current Price: $108,624.43
๐ป Change: -0.39%
๐ Technical Overview:$BTC
EMA Crossovers:
EMA(7): 109,141
EMA(25): 109,001
EMA(99): 106,097
โ Price is currently below EMA(7) and EMA(25), signaling short-term bearish momentum.
โ Still above EMA(99) โ suggesting mid-term trend remains intact.
Price Action:
Recent lower high near $110,060
Rejection seen at $111,980 (previous top)
Forming potential descending channel / minor pullback
๐ Key Levels:
Support: $108,000 & $106,000
Resistance: $110,000 & $111,980
๐ข Potential Buy Setup:
Wait for a bounce near $108,000โ$107,500 zone with bullish candlestick confirmation
Target 1: $110,000
Target 2: $111,500
Stop Loss: $106,800
๐ด Bearish Bias if:
BTC breaks below $106,000 (EMA99 + structure support), this may open room to $104,000โ$102,000 zone
๐ก Pro Tip:$BTC
Look for RSI/volume divergence or bullish engulfing pattern near support. Avoid chasing mid-range โ wait for reaction at extremes.
