๐จ $BTC
/USDT โ Price Protection Zone Active: Bounce or Breakdown? โ๏ธ
Bitcoin hovers near a crucial support zone, with a modest range and shrinking volatility. Is this a calm before a stormโor a setup for a bigger move?
๐ Market Overview
๐ Current Price: ~$103,871
๐ 24h High: $105,333
โ๏ธ 24h Low: $101,336
๐ฆ 24h Volume (BTC): 15,543.34
๐ต 24h Volume (USDT): $1.61B
๐ Parabolic SAR: ~$104,111 (slightly bearish bias building)
๐ MACD Momentum (Estimates):
DIF: -80.75 (Weakening bullish pressure)
DEA: -110.25
MACD: 59.00 (Early signs of a potential reversal, but needs confirmation)
๐ $BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $103,500):
Entry: Above $104,500
Targets: $105,500, $107,200, $109,800
Stop-Loss: $103,300
๐น Bearish Scenario (If BTC Breaks Below $103,300):
Entry: Below $103,300
Targets: $102,000, $100,800, $98,500
Stop-Loss: $104,700
๐ What to Watch
โ $103,500 is keyโholding above it keeps the short-term bull case alive
โ MACD shows a potential turnaround if momentum increases
โ ๏ธ A breakdown under $103,300 could invite heavy selling
๐ก Pro Tip:
Watch for a volume-backed bounce above $105,000. If bulls step in strongly, we could see a reclaim of the $107K+ zone by weekend.
๐ข How are you playing $btcright nowโscaling in or waiting for confirmation?
๐ฅ LIKE & SHARE for accurate BTC trade setups & market signals!
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