#MarketPullback 🧠 Technical Analysis Summary
🔍 Key Observations:
Price: $104,830.11
24h Range: $100,372.26 – $105,333.00
Recent Low: $74,508.00 (April 2025)
Recent High: $111,980.00 (May 2025)
EMA Analysis:
EMA(7) ≈ $104,618 → short-term support
EMA(25) ≈ $104,423
EMA(99) ≈ $96,856 → long-term trend remains bullish
📉 MACD:
MACD Histogram: Bearish but starting to flatten
DIF: 825.15
DEA: 1,748.52
MACD Line is below the signal line, but the gap is closing — potential momentum shift
📊 RSI (6): 48.67
Near neutral zone, slight upside bias
Room to move up before being overbought (>70)
📈 Volume:
Gradual uptick, signaling renewed buying interest after recent dip
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⚙️ Intraday Trading Signal (Short-Term Swing)
✅ Trade Bias: Bullish Rebound from Support
Momentum indicators suggest a potential bounce from support around the EMA cluster (~$104.4k–$104.6k).
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🎯 Trade Setup (Long)
Parameter Level
Entry Zone $104,400 – $104,800 (current price zone near EMA cluster)
Stop-Loss $102,900 (below 24h low and minor support zone)
Take-Profit 1 $106,800 (recent resistance area)
Take-Profit 2 $108,500 (psychological resistance + pre-drop level)
Take-Profit 3 $111,000 (previous swing high from May 2025)
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📌 Risk Management:
Position sizing based on 1–2% risk of capital
R:R ratio ~ 1:2.5 (TP1), up to 1:4.5 (TP3)
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🔁 Alternate Scenario: Bearish Breakdown
If $BTC fails to hold $104,000:
Watch for a breakdown toward $100,000 and potentially the next support near EMA(99) at $96,800
This would invalidate the current long signal
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🧠 Final Note:
This setup is intraday-to-swing, ideal for traders monitoring charts closely. If you're using Binance Futures, consider leverage only with tight stop-loss and account for volatility risk.