$BTC Manipulating an Upward Shift While SMAs Intersect 🔁📈
On the daily chart, the 9-day simple moving average crosses upward with the 21-day average – a classic buy signal that may indicate the beginning of new momentum 🔥
⚠️ Why does this matter to you?
When short-term averages cross above long-term ones, it often serves as an early signal of a trend reversal – provided it is followed by strong trading volume and sustained movement above resistance.
📉 Risks?
• Lack of momentum could invalidate this crossover
• Resistance near 117K–120K remains a potential hurdle
🎯 If buyers support this move, we could see a surge towards new levels
🔍 Keep a close eye – this is one of those moments where every candle matters.
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BTCUSDT
Perp
86,704
-0.76%
