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#MarketRebound – Will Monday Bring a Bounce?
Bitcoin is trading around $105,244 heading into Monday, having recently reclaimed support near $104,400. Here's a quick technical snapshot:
RSI (4H): Near 52, suggesting neutral momentum with upside potential.
MACD: Contained bullish crossover on the daily, hinting at emerging strength.
Chart Structure: Price bounced off the previous resistance-turned-support at $105K.
Volume: Higher on rebounds than dips, showing buyer resilience.
Key Levels to Watch Monday:
Resistance: $106,000–$106,500
Support: $104,400–$104,000
If BTC holds above $105K and breaks $106K with increased volume, expect a push toward $108K. A drop below $104K could trigger a retest of $102K. Take advantage of tomorrow’s setup with smart entries and vigilance.