#BTC Battles Key Support at $94K: Will the Bulls Hold or Break?

🚨 BTC/USDT Quick Analysis 🚨

Current Price: $94,260.87 (+0.59%)

Timeframe: 15-Min Chart

Date: April 26, 2025

🔥 Key Observations:

Current Trend:

⚠️ Short-term bearish (downtrend) — BTC is trading below key moving averages (EMA 7, EMA 25, and EMA 99).

Support Levels:

🛡️ $94,120 (tested and holding for now)

🛡️ $93,581 (24h low — strong bounce potential)

Resistance Zones:

🚧 $94,750 - $95,150 — previous rejection points.

Volume Check:

📊 Volume spiked around 12:15 PM but dropped afterward — buyers are slowing down a bit.

Moving Averages:

➡️ EMA(7) ($94,298) and EMA(25) ($94,482) are acting as resistance.

➡️ EMA(99) ($94,494) — still above price = bearish pressure.

MACD & RSI: (not fully visible but based on candles)

🧭 Momentum appears neutral to slightly bearish — watch for a potential breakdown or bounce at $94k.

📈 Strategy Thoughts:

Scalp Trade Idea:

Buy near $94,100 - $94,200 with a tight stop loss below $93,550

Target quick profits around $94,700 - $94,800.

Swing Trade Idea:

⚡ Better to wait for a clear breakout above $94,800 with volume confirmation.

⚡ Final Signal:

BTC is fighting at a critical support zone!

Below $94k = ⚠️ Possible deeper correction.

Above $95k = 🚀 Bulls could regain momentum!

📢 What's your move?

[Buy] 🟢 or [Sell] 🔴?

Comment your strategy!

#Bitcoin #CryptoTrading #BTCAnalysis #BinanceSquare