My analysis on the #BTC in the last 24h.
Hello everyone,
I hope you are all well.
Bitcoin trades around 103,500 USDT after a decline of -1.94% in the last 24h, trapped between dense support ranges and weakened resistance.
The first defense lies at 103,000–103,100 USDT (24h low 103,068); if it gives way, the psychological level of 100,000 USDT coincides with the EMA-50 at 99,956, forming a crucial floor.
Deeper cushioning appears near 96,000, almost aligned with the EMA-99 at 95,830, while long-term bulls monitor 90,600, where the EMA-200 is still rising.
On the upper side, buyers need to reclaim 104,250 USDT (EMA-25) to relieve the short-term pressure.
The immediate ceiling is at 105,800–106,000 (EMA-7 and daily high), a range that has repeatedly contained bounces. Breaking this opens the way to 108,000 and then to the recent peak at 111,980 USDT.
Mixed indicators: RSI-6 below 30 signals a likely mean reversal, but decreasing volume warns that rallies lack new news catalysts.
Keeping tight stops protects against failures in light of the current volatility of the pair.
A strong hug.
