š $BTC /USDT Market Analysis & Trading Ideas
š Current Price Snapshot
Price: $106,303.00 (-1.14%, 24h)
24h Range: $105,639 ā $108,892
Volume: 19,607 BTC / $2.11B USDT
---
š Key Technical Indicators
1. Moving Averages:
MA(7): $106,300 ā Neutral
MA(25): $107,557 ā Resistance
MA(99): $108,684 ā Strong Resistance
> Price trading below MA(25) & MA(99) signals short-term bearish pressure.
2. RSI (6): 35.68
> Approaching oversold territory ā potential for short-term relief bounce if buyers step in.
3. Support & Resistance Levels:
Immediate Support: $105,639
Key Resistance Zone: $107,619 ā $108,737
---
š” Trade Ideas (Not Financial Advice)
š¹ Scalping / Intraday:
Entry: $105,600 ā $105,800
Stop-Loss: Below $105,385
Target: $106,800 ā $107,600 (MA25 region)
š¹ Swing Trade:
Wait for a confirmed breakout above MA(25) @ $107,557 to enter longs.
Bearish Rejection at this level could trigger another drop toward $105,385.
---
š¢ Market Sentiment & Risk Management
7-Day Trend: -1.95% ā Neutral
30-Day Trend: +12.45% ā Mid-term Bullish
Watch Closely:
Breakout above $108,000 could reignite bullish momentum
Breakdown below $105,300 may signal deeper correction
š Set Price Alerts
ā Stay disciplined. Stick to your plan. Always DYOR.
---
If this helped, Like & Share!
