$BTC has sharply retraced from a local high of $108,952, dipping to a low of $102,345, where it found short-term support. The price is attempting a rebound but remains below key moving averages, suggesting caution.

📉 Support Zones

$102,345 – Intraday low and key bounce zone

$102,014 – Critical psychological support

$100,000 – Major round-number support

📈 Resistance Levels

$103,626 – Current AVL and overhead pressure

$104,921 – Previous breakdown zone

$106,375 – Bearish pivot zone before last drop

$BTC

📊 Indicators

RSI(6) at 35.38, nearing oversold but still weak momentum

MACD deeply negative (MACD: -205.99), confirming bearish pressure

K/D Stochastic near 30, showing potential for a short-term bounce

🔍 Summary

BTC shows signs of a potential intraday bounce from oversold levels

Momentum remains bearish unless price reclaims $104,921 with volume

Sustained rejection below AVL $103,626 could lead to a retest of $102,000 – $100,000

Short-term relief rally possible, but macro structure remains under pressure

$BTC

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets are volatile — always manage risk carefully!

#BTC☀