๐จ $BTC
/USDT โ Cooling Off or Coiling for a Breakout? ๐ง
Bitcoin is dancing around $108K after hitting a daily high of $108,287.48. With a slight -0.16% dip and price nearing key EMA levels, traders are askingโis this a healthy pullback or the start of a deeper correction?
Letโs break it down ๐
๐ Market Overview
๐ Current Price: $107,990.01
๐ 24h High: $108,287.48
โ๏ธ 24h Low: $107,864.75
๐ 24h Vol (BTC): 3,313.21
๐ฐ 24h Vol (USDT): $358.16M
๐ EMA Trends:
EMA(7): 108,036.23
EMA(25): 108,095.79
EMA(99): 108,129.15
๐ง Price is currently below all 3 EMAs = Short-term weakness
๐ $BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $btcHolds Above $107,900):
Entry: Above $108,200
Targets: $108,600, $109,200, $110,000+
Stop-Loss: $107,600
๐น Bearish Scenario (If $btcBreaks Below $107,600):
Entry: Below $107,600
Targets: $107,200, $106,500, $105,800
Stop-Loss: $108,200
๐ BTC Insights
โ Consolidation near strong EMAs = setup for next move
โ Support holding above $107,900 = bullish bias intact
โ ๏ธ Rejection at EMA(25) and EMA(99) = short-term resistance strong
๐ก Pro Tip:
Watch the volume and MACD crossover. A bullish MACD signal with reclaim of EMA(25) could send $btcstraight to $110K+ ๐
๐ข Are you trading this range or waiting for a clear breakout? Comment below! ๐
๐ฅ LIKE & SHARE for more real-time BTC analysis and alpha! ๐ฅ
#OneBigBeautifulBill #BTCWhaleMovement #MuskAmericaParty #NFPWatch #REX-OSPREYSolanaETF