๐ BTC/USDT 4H Technical Analysis โ Binance
๐น Current Price: $106,464
๐น 24H High: $107,985
๐น 24H Low: $104,184
๐น EMA Zones:
EMA(7): $106,289 acting as immediate support
EMA(25): $105,151 as a backup support
EMA(99): $102,064 long-term dynamic support
๐ Key Observations:
Strong Resistance at $107,900 โ $108,300:
Previous candle wicked to $107,985 and got instantly rejected.
This suggests heavy whale presence and possible stop-loss hunting.
Bearish Divergence Building:
RSI(6): 60.75 and RSI(14): 59.20 both showing signs of losing bullish momentum.
MACD lines are tightening, indicating potential bearish crossover soon.
Volume Decline = Momentum Weakening:
Volume candles are decreasing while price consolidates โ usually a sign of incoming volatility.
If bulls don't step in, bears might take control short-term.
Support Zones:
$106,000 psychological support is holdingโฆ for now.
Break below EMA(7) could push BTC to $104,800โ$103,300 range (short-term bearish target).
๐ Summary:
๐จ BTC is currently in a danger zone.
Price has been rejected twice at the top, showing double top potential.
If price fails to reclaim $108K fast, expect a drop towards $104K โ $102K for liquidity grab.
๐ Bullish Scenario? Break and close above $108,500 with volume = clear skies to $110K+
๐ฏ DIZANEX Verdict:
Let the noobs buy tops โ we short where whales exit.
Set traps, not dreams. ๐ฆ๐ผ
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