🚨 BTC/USDT Key Levels – Support & Resistance Breakdown! 💹🔥
Bitcoin is currently trading at $111,183.38 with a solid +2.26% daily gain! Let’s dive into the support & resistance zones traders should watch closely! 👇
📈 Resistance Level 🔺 $111,999 – This is the 24h high, and BTC got rejected around this mark. A break and close above this level could trigger the next leg up. Eyes on the prize — next major resistance sits near $112,689!
🛑 Why it matters?
This area is acting like a ceiling, capping BTC’s upward momentum. If bulls gather enough volume, this level could get smashed soon. 🚀
📉 Support Levels 🔻 $109,287 – This is a near-term support where the price bounced before. A crucial level that needs to hold if we want to stay bullish.
🔻 $107,684 (EMA-25) – Acting as a dynamic support. Price consistently respects this line on the daily chart. 📊
🔻 $101,957 (EMA-99) – Strong foundational support zone. If BTC dips further, this could be the bounce-back level.
📊 Market Structure Notes:
EMA-7 is at $109,634, showing upward momentum 📈
MACD is turning positive – signaling strength in trend ⚡
Volume shows a healthy uptick – buyers are active again! 🟢
💬 What’s Next? BTC is in a bullish zone, but a pullback could retest $109K. Watch for a clean breakout above $112K to confirm the uptrend continuation. Until then, trade smart — and set your stops wisely! 🧠$BTC