๐ $BTC 4H Technical Outlook โ Key Support Zone Test Incoming?
๐ธ Current Price: $103,930
๐ธ Trend: Bearish on both 1H and 4H (lower highs/lows)
๐ธ Support: $103,000 โ critical level
๐ธ Resistance: $105,600 โ $106,000 zone
๐ธ RSI: Oversold on 1H (~20), likely 30โ40 on 4H
๐ธ MACD: Bearish momentum, but signs of slowing
๐ธ Volume: Decreasing โ potential for move soon
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๐ Scenarios:
โ Bounce: If $103K holds, possible move to $105Kโ106K
โ Breakdown: Loss of $103K could send BTC toward $100Kโ98K
โ ๏ธ Watch for confirmation candles + volume!