$BTC High Alert price analysis 🚨 Is big correction going on ?

📉 Current Price: $103,832.62

🔻 Down -1.97% in 24h

Here’s the technical breakdown based on the latest chart 📊:

🛡️ Support Levels:

1️⃣ $102,345 — 24h Low

2️⃣ $100,372 — Strong daily candle support

3️⃣ $98,913 — Key historical zone

4️⃣ $94,364 — MA(99) line, long-term support

💥 Resistance Levels:

1️⃣ $104,802 — MA(7) acting as dynamic resistance

2️⃣ $105,622 — MA(25), crucial mid-term resistance

3️⃣ $108,011 — Previous rejection area

4️⃣ $111,980 — Swing high on the chart

📉 MACD: Bearish crossover with declining momentum

📊 Volume: Weak volume, not enough strength for breakout yet

⚠️ Conclusion:

BTC is trading near a key demand zone but struggling below moving averages. If bulls can reclaim $105K+, we may see upside potential. If it loses $100K, prepare for deeper correction.

💬 Stay alert, set your stop-losses smartly, and watch these levels closely!