$BTC /USDT – EMA COMPRESSION BUILDING A BREAKOUT? ⚡📊
Bitcoin is holding above the 99 EMA (purple) with a bullish lean as all 3 key EMAs — 7, 25, and 99 — are converging tightly near $105.6k. This classic compression zone is a known precursor to volatile moves!
📊 EMA Snapshot:
EMA(7): 105,578
EMA(25): 105,621
EMA(99): 105,567
Price is sandwiched between EMAs — breakout above $105,800 could reclaim strength. A flush below $105,300 would weaken the setup.
🎯 Trade Plan:
Entry: $105,600 – $105,700
TP1: $106,200
TP2: $106,800
SL: Below $105,200
Compression = Explosion. Watch closely for a high-volume breakout candle.