📌 $BTC /JPY Snapshot

💰 Price: 17,608,479 JPY

📈 Change: +0.68% (Rs33.73M)

🔼 24h High: 18,002,864

🔽 24h Low: 17,443,128

📊 Volume:

BTC: 69.33

JPY: 1.23B

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🔍 Key Levels

Type Price (JPY)

Resistance 17,811,269 → 18,002,864 → 18,059,216

Current 17,608,479

Support 17,315,376 → 17,067,430 → 16,875,835 → 16,819,483

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📊 Technical Observations

MA(5): 8.112038 (likely BTC volume in millions, not price)

MA(10): 8.919336 (also volume-based)

Price Action: Narrow daily range compared to volatility earlier in the month. Price sitting between mid-support (17.3M) and near-term resistance (17.8M).

Momentum: Weak uptick; no strong breakout yet.

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📈 Bullish Case

If BTC closes above 18,003,000 JPY, momentum could take it to 18.2M–18.5M quickly.

Higher lows forming since 17.06M → suggests buyers are defending dips.

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📉 Bearish Risk

If price loses 17.31M support, it could revisit 17.06M, and a break there risks a drop to 16.87M.

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🎯 Possible Trading Plans

Breakout Play

Entry: Above 18,003,000

TP1: 18.20M

TP2: 18.50M

SL: 17.75M

Support Bounce

Buy Zone: 17.06M–17.31M

TP1: 17.80M

TP2: 18.00M

SL: 16.85M

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