๐Ÿšจ BTC/USDT Market Update โ€“ Critical Zone Alert ๐Ÿšจ

Bitcoin has dropped to $108,280 (-3.5%), testing a very important support zone around 108K. Letโ€™s break it down ๐Ÿ‘‡

๐Ÿ“Š Key Technical Signals:

EMA Levels: Price is now trading below EMA(7) and EMA(25), and approaching EMA(99) at $110,895. This indicates strong bearish momentum.

RSI (6): 30.26 โ†’ Market is entering oversold territory, but remember: oversold โ‰  instant reversal. Confirmation is key.

MACD: Bearish pressure dominates, histogram remains deep in red.

Volume: Sellers are in full control, with strong selling volume compared to buyers.

๐Ÿ“‰ What to Watch:

Support Zone: $108K is the critical level. If this breaks, BTC could slide further towards 105K โ†’ 102K.

Bounce Scenario: If Bitcoin holds above 108K, we may see a short-term rebound, but only with a confirmation candle.

โš ๏ธ Golden Lion Strategy:

Patience is power! Instead of rushing into trades, wait for the market to show clear direction. Limit orders with tight stop-loss placement are your best weapon in these volatile conditions.

๐Ÿ”ฅ Final Note:

This is a decisive moment โ€” watch how BTC reacts at 108K. The next big move will be built from here. Stay disciplined, stay safe, and trade smart.

โ€” Posted by Golden Lion Trading ๐Ÿฆ