🚨 BTC/USDT Urgent Market Update — Will $107.4K Hold or Break? 💥
📊 Current Snapshot (2H Chart)
Price: $108,000 🔻 (-1.03%)
24h High: $109,201 📈
24h Low: $107,429 📉
RSI (6): 40.92 😐 (Bearish-Neutral)
Volume: 🔴 High on red candles, 🟢 green candle just appeared
📉 Bearish Signals
❌ Rejected hard near upper Bollinger Band at $109.7K
📉 Lower highs + lower lows = Clear short-term downtrend
🔻 Trading below middle Bollinger Band ($108.58K) and hovering near lower band
📉 RSI under 50 — Bearish momentum continues
✅ Bullish Signs (Relief Rally Incoming?)
🟢 Strong buying wick at $107,429 — buyers are active at this support
📈 RSI recovering from oversold territory (40.92)
🪙 Possible double bottom forming at $107.4K — watch closely!
🔮 Next Move Prediction
1️⃣ Bullish Scenario (If $107,429 Holds):
📈 Expect bounce toward $108,580 (mid-Bollinger)
🎯 If flipped, target $109,200
🟩 Formation of short-term bullish reversal pattern
2️⃣ Bearish Scenario (If $107,429 Breaks):
⛔️ Next support: $107,086
⚠️ Stronger demand zone between $106,500 – $106,800
🎯 Trading Plan
🟢 Long Setup
🔑 Entry: Above $108,000 on strong volume
🎯 Target: $108,580 – $109,200
🛑 Stop Loss: Below $107,400
🔴 Short Setup
🔑 Entry: Break + close below $107,400
🎯 Target: $106,800
🛑 Stop Loss: Above $108,000
📌 Watch Closely:
🔄 Bounce or breakdown will define BTC’s next 2–6 hour direction
📉 Short-term pressure still leans bearish — confirmation required for reversal
$BTC #cryptouniverseofficial #DayTradingStrategy