$BTC 📊 High alert analysis 📉📈

BTC/USDT Price Action Update đŸ”„

Current Price: $119,933 (+1.28%) 🚀

Bitcoin is holding strong after a bullish breakout! đŸ’Ș

Let’s break it down technically:

đŸ”č Support Levels:

$118,217 (EMA 7) 🟡

$113,127 (EMA 25) 🔮

Strong historical support around $107,957 đŸ›Ąïž

đŸ”č Resistance Zones:

Immediate resistance at $123,218 – the recent local high ⚠

Major psychological barrier near $125,000 💣

📈 MACD & Volume Signal:

MACD still bullish, though momentum is flattening 📉

Volume shows strength, but possible consolidation ahead 📊

📍What’s Next?

If BTC breaks above $123K with volume, we might see a push toward $125K–$128K range đŸ’„

But failure to break resistance could lead to a retest of $118K or lower 🧹

🧠 Strategy Tip:

🟱 Bullish breakout traders: Watch for volume confirmation above $123K

🔮 Short-term bears: Look for rejection candles below $120K for scalp entries

👉 Stay sharp. Support holds the floor, resistance tests your nerves.

$BTC

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