🔻 $BTC is approaching strong resistance – is a correction coming?
After a gradual climb, $BTC is currently trading near the 107,500–107,800 levels, which are important technical resistance areas. The price has lost momentum slightly, with buying volume declining, and the RSI is approaching 70, indicating a potential overbought zone.
🔸 24h High: 108300
🔸 24h Low: 105400
🔸 24h Volume: Over $32 billion
🔸 Support: 106000
🔸 Resistance: 108000 – 108500
🔸 RSI: Around 67 – Near the reversal zone
Entry Zone: 107500 – 107800
Direction: Sell (Short)
🎯 TP1: 106900
🎯 TP2: 106300
🎯 TP3: 105600
🎯 TP4: 104900
🎯 TP5: 104200
🎯 TP6: 103500
❌ Stop Loss: 108600
Sell and trade here $BTC
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