๐จ $BTC
/USDT โ Poised for a Move or Losing Steam? ๐
Bitcoin ($BTC) is showing signs of strength, trading above $108K with rising volume. Is this just the beginning of a new leg up, or a temporary push? Letโs break it down.
๐ Market Overview
๐ Current Price: $108,117.83
๐ 24h High: $108,297.89
โ๏ธ 24h Low: $107,084.15
๐ฆ 24h Volume (BTC): 4,136.57 BTC
๐ฐ 24h Volume (USDT): $444.90M
๐ Technical Snapshot:
MACD: Turning bullish with crossover near zero line
EMA Trend: 15m and 1h candles respecting support zones
SAR: Active uptrend โ dots beneath price
Volume: Rising, indicating market interest
๐ $BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $107,800):
Entry: Above $108,200
Targets: $108,800, $110,000, $112,500
Stop-Loss: $106,800
๐น Bearish Scenario (If BTC Breaks Below $107,000):
Entry: Below $107,000
Targets: $105,800, $104,000, $102,500
Stop-Loss: $108,200
๐ BTC Trading Insights
โ Price action holding above 15m EMA โ bullish short-term bias
โ Volume backing current price range โ potential for a breakout
โ ๏ธ Watch $108,300 resistance zone closely โ clean breakout could ignite upside
๐ก Pro Tip:
A confirmed breakout above $108,300 with strong volume could push BTC toward $110K+. But if price struggles here, expect a retracement to $106K.
๐ข Are you long or short on BTC right now? Drop your take below!
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