🟣 🚨 Technical Analysis & Trade Opportunity of the Day in Crypto! 🚨
1. Bitcoin (BTC):
Current Price: ≈ $118,331 (after a slight pullback of ~‑0.8%)
Key Resistance: $119,550
Strong Support: $117,000
Volume is rising at support levels, indicating bullish interest. Today’s dip could be a short-term buy opportunity.
2. Ethereum (ETH):
Current Price: ≈ $3,551 (down ~‑1.8%)
High/Low Today: $3,658 / $3,490
Daily moving averages (MA50, MA100, MA200) are showing strong buy signals according to top analysis platforms.
RSI around 52 suggests a neutral zone – not overbought, not oversold. MACD is turning bullish.
📌 Key Signals:
ETH is bouncing from the $3,490 low and entering the pivot zone around $3,562–$3,661
If this zone holds, expect a possible retest of $3,660–$3,700 within the next 24 hours
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📊 Suggested Chart Setup (4H time frame):
Candlestick chart with MA50, MA100, MA200
Add RSI (14) and MACD indicators
Highlight support zones at $117k (BTC) and $3,490 (ETH)
Highlight resistance zones at $119.5k and $3,660
Use arrows and boxes to emphasize price targets and reversal points
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🔥 Conclusion – Possible Trade Setups:
Buy Entry near support:
BTC: ~$117,000
ETH: ~$3,490
Target near resistance:
BTC: ~$119,550
ETH: ~$3,660
Stop Loss: 1–2% below the support zone to limit risk
📅 Time-sensitive setup: Today's volume suggests a potential bounce or mini rally by the end of the trading day!