1️⃣ Key Levels: BTC just bounced off the $115,930 support zone. A break and hold above $120,300 could trigger a fresh bullish leg toward $125,000. Conversely, a drop below $115,000 might see price slip to $110,000.
2️⃣ Momentum: RSI sits at neutral 52—no overbought/oversold extremes yet. Watch for a push above 60 for a clear entry signal.
3️⃣ Volume: Trading volume spiked on today’s dip, signaling strong buyer interest at lower prices. Bulls are defending key floors.
4️⃣ Moving Averages: BTC is flirting with the 50-day EMA near $118,000. A clean crossover above the 200-day EMA at $122,500 would confirm a longer-term uptrend.
🎯 Trade Plan: Enter long above $120,500 with stop-loss at $118,000. Target $125,000 – $130,000 range. For aggressive traders, consider scaling in on dips near $117,000.
💡 Pro Tip: Always manage risk—keep your position size small and your stop-loss tight.
Let’s ride the wave! 🌊
#Bitcoin #BTC #Binance #TechnicalAnalysis
2️⃣ Momentum: RSI sits at neutral 52—no overbought/oversold extremes yet. Watch for a push above 60 for a clear entry signal.
3️⃣ Volume: Trading volume spiked on today’s dip, signaling strong buyer interest at lower prices. Bulls are defending key floors.
4️⃣ Moving Averages: BTC is flirting with the 50-day EMA near $118,000. A clean crossover above the 200-day EMA at $122,500 would confirm a longer-term uptrend.
🎯 Trade Plan: Enter long above $120,500 with stop-loss at $118,000. Target $125,000 – $130,000 range. For aggressive traders, consider scaling in on dips near $117,000.
💡 Pro Tip: Always manage risk—keep your position size small and your stop-loss tight.
Let’s ride the wave! 🌊
#Bitcoin #BTC #Binance #TechnicalAnalysis
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
117,421.83
-0.14%
