$BTC ā Long Entry Signal
š Entry:
Enter long if price breaks and closes above $105,260 (recent resistance).
Confirm with volume increase and sustained MACD bullish momentum.
š Stop Loss:
Set stop loss around $104,580 (below recent higher low and MA support).
šÆ Target:
First target: $105,668 (MA(99) resistance)
Second target: $106,200ā106,600 if strong breakout.
ā $BTC Short Entry Signal
š Entry:
Enter short if price breaks and closes below $104,580 (support level and near MA cross).
Look for MACD histogram reversal and red volume bars.
š Stop Loss:
Set stop loss above $105,260 (recent rejection wick).
šÆ Target:
First target: $103,900
Second target: $103,333 (previous swing low)
Right now, bullish bias is slightly stronger (price holding above short MAs, MACD positive).
Prefer long on breakout above $105,260 with confirmation.