$BTC
Trade Signal: Long (Buy) Setup
Entry Zone:
Ideal entry between $81,800 – $82,300 (price is near support).
Stop Loss:
Place stop loss at $81,500 (below recent low).
Support Levels:
First support: $82,000 (recent low).
Second support: $81,500 (stronger support zone).
Resistance Levels:
First resistance: $83,500 (short-term level).
Second resistance: $84,650 (mid-term resistance).
Major resistance: $86,100 (previous support turned resistance).
Take Profit Targets:
Target 1: $83,500 (short-term resistance).
Target 2: $84,600 (mid-range resistance).
Target 3: $86,000 (major level to watch).
Technical Justification:
BTC hit $82,007 and bounced slightly, indicating buying interest at this level.
MA(7) is far below MA(25) and MA(99), showing a downtrend, but price is near strong support.
Volume increasing on recent red candles, suggesting possible exhaustion of sellers.
Possible short-term bounce if BTC holds above $82,000.$BTC
Alternative Bearish Scenario:
If BTC loses $82,000 and closes below $81,500, it could drop further toward $80,000 or lower
#BSCTrendingCoins #MarketPullback #VoteToListOnBinance #BinanceLaunchpoolGUN