🚨 $BTC /USDT PULLS BACK AFTER HITTING $102.9K — IS THIS JUST A DIP OR A TREND REVERSAL? 🧐📉
Bitcoin touched a 24H high of $102,946, but has since cooled down to $100,714 (-1.53%), forming a short-term lower high at $101,620 on the 15-min chart.
📊 EMA Watch:
Price is now sitting below the 7 EMA (100,768) and 25 EMA (100,396)
Also nearing the 99 EMA (100,975) — a critical level to reclaim for bullish continuation
If it fails, next support lies around $99,550 and $98,200
🔍 Trade Idea (Short-Term Scalpers):
Long Setup: Watch for reclaim above $101,000 with volume confirmation
Short Setup: Breakdown below $100,300 could open drop toward $99,200
Key Support Zone: $98,000 – bounce expected here if things go bearish
💡 Tip: Use tight stop-losses and scalp around key EMAs — volatility is high and BTC is in decision mode. Let price action confirm before jumping in.
