๐จ $BTC /USDT โ Panic or Perfect Rebound Zone? RSI Hits 9! ๐งจ๐
#Bitcoin is reeling at $107,412.55 (-1.68%), brushing against major support after falling from $110K. With RSI crashing to 9.26, BTC is in extreme oversold territoryโbut is this the bottom or just the beginning of a deeper slide?
๐ Market Overview
๐ Current Price: $107,412.55
๐ 24h High: $110,000.00
โ๏ธ 24h Low: $107,333.33
๐ Parabolic SAR: ~$109,900 (Clear downtrend active)
๐ MACD Momentum:
DIF: -4.72
DEA: -2.61
MACD: -4.22 (Bearish momentum increasing)
๐ RSI(6): 9.26 โ ๐ป Deep oversold zoneโrare levels!
๐ MA(5): 920.72 | MA(10): 630.96 (Spike in sell-side volume)
๐ BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $107,300):
Entry: Above $107,600
Targets: $108,400, $109,600, $110,800
Stop-Loss: $105,100
๐น Bearish Scenario (If BTC Breaks Below $105,100):
Entry: Below $105,100
Targets: $104,000, $102,500, $100,000
Stop-Loss: $107,600
๐ Should You Hold or Sell?
โ RSI at 9 = oversold signal of high reversal probability
โ Holding $107,300 support = strong bounce potential
โ ๏ธ MACD still bleedingโwait for volume confirmation
๐ก Pro Tip:
๐ง This is historically where BTC bounces hardโbut donโt rush in.
๐จ Watch $107,600โ$108,400 for rejection or reclaim with volume.
๐ข Is this the dip to buy or a warning to step aside? Drop your thoughts below! ๐งต๐
๐ฅ LIKE & SHARE if youโve been tracking BTC like a pro! ๐ผ๐