๐ Key Indicators & Current Context
๐ฐ Current Price: $113,512.61 (-0.27% 24h)
๐ Short-Term Trend: Bearish
Trading below all key EMAs:
EMA(7): $115,001.70
EMA(25): $115,517.92
EMA(99): $107,937.51
๐ชซ Oversold RSI(6): 30.06 โ signs of short-term bounce
โ ๏ธ Stochastic RSI: 4.30 (MA: 1.43) โ extremely oversold
๐ Volume Down: VOL: 1,910 vs. MA(5): 14,100
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๐ Support & Resistance Levels
๐ผ Immediate Resistance:
$114,063 (24h High)
$115,001 (EMA7)
๐ฝ Strong Support:
$110,000 (Psychological)
$107,937 (EMA99)
๐ Major Resistance Ahead: $123,218
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๐ BTC Price Prediction
๐ Short-Term (1โ3 Days)
Bounce likely toward $114,500โ$115,500 on RSI recovery.
โณ Medium-Term (1 Week)
โ Bullish: Break above $115,517 (EMA25) could test $118,000
โ Bearish: Drop below $113,000 may revisit $110,000โ$107,900
๐งญ Long-Term Bias:
Neutral to bearish unless BTC reclaims EMA(25)
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๐ผ Trade Plan
๐ Scenario 1: Bounce Play (Aggressive)
๐ข Entry: Near $113,500 or bullish reversal candle
๐ฏ Targets:
TP1: $114,500
TP2: $115,500
๐ Stop Loss: $112,800
๐ง Logic: RSI + Stoch RSI oversold = bounce setup
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โ ๏ธ Scenario 2: Breakdown Fade (Conservative)
๐ด Entry: Break below $113,000 with high volume
๐ฏ Targets:
TP1: $111,000
TP2: $108,000 (EMA99)
๐ Stop Loss: $114,200
๐ง Logic: Trend remains bearish; fading lower high bounces
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๐ Risk Management
๐น Position Size: Max 3% per trade
๐ Risk-Reward: Aim for 1:2 or better
โ Key Confirmation Triggers:
Volume spike on breakout/breakdown
RSI(6) > 40 = bounce confirmation
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โ Conclusion
๐ Short-Term Bias: Cautiously Bullish โ oversold bounce possible
๐งจ Critical Levels:
โ Bullish Invalidation: Close below $113,000
โ Bearish Invalidation: Close above $115,517
โ๏ธ Preferred Strategy: Scenario 1 (Bounce Play) with tight SL
๐ง Stay alert! Track USDT dominance, ETF flows, and macro news for volatility shifts.
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Trade from here ๐ $BTC
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